European Truck Makers Risk Losing Significant Market Share to US and Chinese EV Competitors by 2030

A new analysis projects that European electric truck manufacturers could cede over a quarter of their domestic market share to US and Chinese rivals by 2030. This forecast by Transport & Environment (T&E) underscores the urgent need for local OEMs to accelerate their electrification efforts. Maintaining ambitious CO2 standards is critical for European truck makers to remain competitive in the rapidly evolving e-truck sector.