Top Companies in North America Electric Truck Market with Market Size | Suppliers 2025

Top Companies in North America Electric Truck Market with Market Size

The North America Electric Truck Market has experienced significant growth, driven by contributions from several key players that have influenced innovation and adoption. Advanced electric drivetrain technologies have been a focal point, allowing electric trucks to achieve improved range, energy efficiency, and load capacity. By prioritizing research and development in battery technology, such as lithium-ion and solid-state batteries, higher energy density and faster charging have become feasible, addressing range anxiety and operational efficiency concerns. Manufacturing advancements have also contributed to the market's development. The introduction of production efficiencies, coupled with modular electric platforms, supports customization for various commercial and industrial applications, including last-mile delivery, freight transportation, and municipal services.

Sophisticated integration with telematics and connectivity solutions ensures enhanced fleet management, enabling real-time monitoring of vehicle health, energy performance, and route optimization. Collaborations with government agencies and adherence to strict regulatory compliance on emissions play a vital role in shaping the market. Federal incentives, subsidies, and tax benefits have been leveraged to reduce the initial purchase cost of electric trucks, encouraging adoption across small and large businesses. Partnerships with charging infrastructure providers ensure wider availability of fast-charging networks, facilitating seamless operation and reducing downtime. Continuous improvements in aerodynamics and lightweight materials for truck manufacturing contribute to enhanced energy utilization without compromising vehicle integrity or functionality.

The incorporation of features such as regenerative braking and adaptive systems further optimizes energy efficiency and improves operational sustainability. Together, market initiatives and innovations across technology, infrastructure, and strategic collaborations have accelerated the adoption of electric trucks in North America. This momentum highlights a clear commitment to reduced carbon emissions, cost-effective logistics, and a sustainable future, all of which bolster market evolution and growth. As per 6Wresearch, the North America Electric Truck Market is projected to grow at a significant CAGR of 9.2% from 2025-2031F.

List of the Leading Companies in North America Electric Truck Market

1. Tesla, Inc.

Tesla is a global leader in electric vehicle innovation, with the Tesla Semi set to revolutionize the freight and logistics industry. Launched in 2017, the Tesla Semi features an all-electric drivetrain, offering unparalleled efficiency, zero emissions, and dramatically lower operating costs. With an estimated range of 300-500 miles per charge, it provides a viable solution for long-haul trucking. Tesla’s Supercharger and Megacharger networks further support its infrastructure, reinforcing its mission to accelerate sustainable energy adoption in the logistics and transportation sectors.

2. Rivian Automotive, LLC

Rivian is a rising force in the EV industry, offering electric vans, SUVs, and trucks tailored for both consumer and commercial use. Its electric delivery vehicles (EDVs), developed in partnership with Amazon, promise high performance, modular design, and sustainable efficiency. Rivian’s vehicles feature all-wheel-drive capabilities, making them ideal for varied terrains, while its Illinois-based manufacturing facility ensures scalable production of electric trucks worldwide.

3. Freightliner Trucks (Daimler Trucks North America)

A dominant player in the commercial vehicle sector, Freightliner has introduced electric trucks, including the eCascadia (for long-haul applications) and eM2 (for urban and last-mile delivery). These zero-emission trucks focus on efficiency, real-world applicability, and cost-effectiveness. Freightliner works closely with fleet operators to optimize range, payload, and charging solutions, ensuring practical electric vehicle adoption for businesses.

4. BYD Motors Inc.

BYD is a leader in zero-emission electric trucks, with a diverse portfolio ranging from medium-duty vehicles to heavy-duty Class 8 trucks. Popular for waste management and port logistics, BYD’s trucks leverage in-house lithium iron phosphate (LFP) battery technology, known for safety and longevity. The company’s strategic partnerships with fleet operators and government agencies are accelerating sustainable transportation solutions across North America.

5. Nikola Corporation

Nikola is focused on zero-emission freight transportation, producing both battery-electric (BEV) and hydrogen fuel-cell (FCEV) trucks. The Nikola Tre BEV is optimized for short-haul deliveries, while its hydrogen-powered trucks cater to long-haul freight needs. By developing both vehicles and fueling infrastructure, Nikola is positioning itself as a clean energy disruptor in the commercial trucking industry.

6. PACCAR Inc. (Peterbilt & Kenworth)

PACCAR, through Peterbilt and Kenworth, is expanding into the electric truck market with models like the Kenworth K270E (Class 6) and Peterbilt Model 579EV (Class 8). These trucks cater to urban distribution and long-haul logistics, offering a balance of performance, efficiency, and durability, in line with PACCAR’s legacy of high-quality commercial vehicles.

7. Volvo Trucks North America

Volvo is a pioneer in sustainable transport solutions, with its VNR Electric truck leading the charge in urban and regional electric trucking. Volvo’s commitment to charging infrastructure partnerships ensures fleet operators have efficient and practical zero-emission alternatives for commercial transport.

8. Lion Electric Co.

Lion Electric specializes in all-electric trucks and buses designed for urban and medium-to-heavy-duty applications. Its vehicles offer zero emissions, lower maintenance costs, and high energy efficiency, making them ideal for eco-conscious businesses. Lion’s customization options and fleet support services further enhance its market presence.

9. Proterra Inc.

Proterra is a leader in zero-emission commercial transport, focusing on electric buses and proprietary battery technology. Its vehicles offer long-range capability, fleet management solutions, and integrated charging infrastructure, making them a preferred choice for public and private transit agencies.

10. Hyliion Inc.

Hyliion integrates hybrid and electric powertrain solutions into Class 8 trucks, offering a cost-effective alternative to fully electric trucks. The Hyliion Hypertruck ERX enhances fuel efficiency and reduces emissions, allowing fleet operators to transition toward electrification without full fleet replacement.

11. Arrival Ltd.

Arrival focuses on affordable and sustainable urban mobility, developing modular electric delivery vans and buses. Its innovative manufacturing and design approach prioritizes energy efficiency and recyclability, catering to evolving urban transportation needs.

12. Lordstown Motors

Lordstown Motors is pioneering all-electric commercial pickup trucks, with the Endurance designed for fleet operators. Featuring in-wheel hub motors for enhanced traction and handling, Lordstown Motors prioritizes performance, durability, and local U.S. manufacturing.

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