Top 22 Electric Trucks Companies to Watch in 2025 and Beyond: Market Leaders & Innovations Shaping the Future
Explore the Competitive Landscape of Leading Electric Trucks Companies
Discover how the world’s top 22 electric truck manufacturers are revolutionizing sustainable transportation, driving regulatory compliance, and reshaping fleet operations. This article provides strategic insights and detailed company profiles drawn from our authoritative Electric Trucks Market by Payload Capacity, Truck Type, Propulsion, Battery, and Application - Global Forecast 2025-2030 report.
1. AB Volvo
AB Volvo leads with a comprehensive electric truck lineup, offering heavy-duty solutions for long-haul and urban logistics. Their advanced battery technology and commitment to sustainability position Volvo as a foundational player in the commercial EV sector.
2. BYD Company Limited
BYD is renowned for its vertically integrated approach, producing batteries, drivetrains, and vehicles. The company’s strong presence in both global and local markets gives it a competitive edge in municipal, construction, and logistics applications.
3. Hyzon Motors Inc.
Hyzon specializes in hydrogen fuel cell electric trucks, targeting fleet operators seeking longer range and rapid refueling. Their focus on heavy-duty applications is shaping new standards for alternative propulsion in the electric trucks market.
4. Nikola Corporation
Nikola is advancing both battery and hydrogen-powered electric trucks, focusing on integrated zero-emission solutions for logistics and long-haul transport. Strategic partnerships drive their innovation in modular chassis and scalable technologies.
5. Rivian Automotive, Inc.
Rivian is at the forefront of innovation in light and medium-duty electric trucks, particularly for last-mile delivery and urban distribution. Their focus on all-electric platforms is reshaping delivery fleets for major retail customers.
6. Tesla, Inc.
Tesla has disrupted the electric truck space with its Semi model, offering robust performance, extended range, and advanced autonomous features. Tesla’s integration of battery technology and charging infrastructure provides clear market differentiation.
7. Freightliner Trucks by Daimler AG
Freightliner, a Daimler subsidiary, is advancing electrification through its eCascadia and eM2 models. Their scale and experience in commercial trucking support a broad, reliable offering for logistics operators globally.
8. PACCAR Inc.
PACCAR, through its Kenworth, Peterbilt, and DAF brands, blends legacy truck engineering with next-gen electric propulsion. A pragmatic approach to battery range and modularity has accelerated PACCAR’s adoption among North American fleets.
9. TRATON SE by Volkswagen Group
TRATON SE, via MAN and Scania, leverages Volkswagen’s resources to deliver high-performance electric trucks for diverse applications across Europe and beyond, prioritizing efficiency, safety, and digital services.
10. Iveco S.p.A.
Iveco utilizes flexible electric chassis design suited for short-haul, urban delivery, and municipal services, reinforcing its stronghold in commercial vehicle innovation and adaptation to stringent European emission standards.
11. Ford Motor Company
Ford’s electrified F-series and Transit trucks target fleet and delivery customers, with robust investment in battery platform scaling, offering an optimal blend of legacy reliability and electric innovation.
12. General Motors Company
General Motors, via its BrightDrop brand and electrified commercial truck platforms, is bringing rapid electrification to logistics and delivery services, harnessing GM’s battery, software, and production capabilities.
13. Stellantis N.V.
Stellantis delivers electric trucks under several global brands, including Ram and Peugeot, addressing both urban and regional applications. Strategic investments are driving its expansion into key global electrification markets.
14. Hyundai Motor Company
Hyundai is accelerating battery and hydrogen electric truck deployment, particularly in Asia and Europe. Their focus on production scalability, fuel cell technology, and robust aftersales support is expanding their market share.
15. Workhorse Group Inc.
Workhorse targets last-mile and medium-duty delivery segments with electric vans and trucks, delivering high efficiency and operational cost reductions for fleet operators aiming for urban sustainability.
16. Volta Trucks AB
Volta Trucks pioneers all-electric urban delivery vehicles designed for safety, emissions compliance, and low-noise operations. Their purpose-built approach supports both municipal and private fleet transitions.
17. Lion Electric Company
Lion Electric focuses on medium and heavy-duty electric trucks for North American markets, offering integrated battery solutions and a strong regional presence in public and private fleet electrification.
18. GreenPower Motor Company Inc.
GreenPower manufactures custom-built electric trucks and delivery vans, emphasizing modularity and flexible chassis platforms to address the evolving logistics and utility space.
19. Tata Motors Limited
Tata Motors leverages its significant manufacturing capacity to accelerate electric truck adoption across emerging markets, prioritizing affordability, localized technology, and government fleet partnerships.
20. Eicher Motors Limited
Eicher, recognized for its commercial vehicle expertise, is developing electric trucks with localized solutions for the Indian market, focusing on last-mile, medium-duty, and urban applications.
21. Ashok Leyland Limited
Ashok Leyland is advancing sustainable mobility through modular electric truck platforms tailored for regional logistics and municipal applications, strengthening its role in the transition to low-emission transport.
22. Bollinger Motors, Inc.
Bollinger stands out for its rugged, multi-purpose electric trucks, targeting specialty, fleet, and off-highway applications. Their unique blend of durability and battery innovation attracts niche commercial clients.
Electric Trucks Market Trends & Strategic Insights
- Leading electric trucks companies are driving rapid market adoption through technology innovation, new business models, and value chain integration.
- Fleet managers and logistics providers must monitor industry top players as regulatory policies and cost-of-ownership dynamics accelerate change.
- Download the full report for in-depth competitive analysis, regional leaders, and strategic growth opportunities for 2025 and the coming decade.