Navigant forecasts 29.3% CAGR growth for electric-drive and electric-assisted commercial vehicles to nearly 160K units in 2023
Green Car Congress
JANUARY 28, 2015
'In a new report , Navigant Research forecasts that global sales of electric drive and electric-assisted medium- and heavy-duty commercial vehicles (MHDV, Classes 3 to 8) will grow from less than 16,000 in 2014 to nearly 160,000 in 2023, representing a compound annual growth rate (CAGR) of 29.3%. Powertrain type included in the report are hybrid-electric, plug-in hybrid electric, and battery electric.
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