Commercial Electric Vehicle Market Business Report by 2025 Commercial Electric Vehicle Market by 2025 | Page 4

Commercial Electric Vehicle Market
The global commercial electric vehicle market is led by the Chinese manufacturers. Zhengzhou Yutong Group Co.
Ltd., closely followed by BYD Co. Ltd., is the leading player in the electric bus market. These two companies hold
a major share in the market, mainly on account of the longer battery life, more driving distance, and increased
efficiency offered by their buses, as compared to buses offered by other market players. Dongfeng Motor
Corporation is the leading player in the electric truck market.
Other important player in the market are Zhongtong Bus & Holding Co. Ltd., Nanjing Golden Dragon Bus Co. Ltd.,
Zhuhai Yinlong New Energy Ltd., Futian Ouhui Bus, AB Volvo, Voltia a.s., Alkè, Zenith Motors, LLC, and Daimler
AG’s subsidiary Mitsubishi Fuso Truck and Bus Corporation.
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