How the electric lorry, bus, and coach market could hit $320bn by 2035

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Demand for battery electric heavy vehicles is expected to outstrip legacy internal combustion market within a decade, a new analysis predicts

The market for battery electric lorries, buses, and coaches is expected to overtake its internal combustion engine (ICE) equivalent within a decade, with electric heavy duty vehicles (HDV) sales tipped...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Biodiversity Net Gain: Government confirms controversial 'small site' exemption

Supreme Court rules offshore wind farm survey costs ineligible for tax relief

More on Transport

Zero emission buses pick up record share of stalling market
Transport

Zero emission buses pick up record share of stalling market

Bus and coach sector 'eagerly transitioning' to low emission models despite challenging first quarter, but electric HGVs experience 'weak' start to the year

Stuart Stone
Stuart Stone
clock 15 April 2026 • 5 min read
From car clubs to 'tap-and-go' public transport: A guide to the government's new Better Connected transport strategy
Transport

From car clubs to 'tap-and-go' public transport: A guide to the government's new Better Connected transport strategy

The government has this week published a wide-ranging new national transport strategy that promises to provide a major boost to decarbonisation efforts

Stuart Stone
Stuart Stone
clock 02 April 2026 • 10 min read
Government confirms over £100m funding boost for active travel
Transport

Government confirms over £100m funding boost for active travel

Multi-year funding agreement locks in support for series of active travel initiatives, including Bikeability schools training and Living Streets programme

James Murray
James Murray
clock 30 March 2026 • 3 min read