Product Code: ETC173842 | Publication Date: Jan 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Electric Commercial Vehicle market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
As the global automotive industry shifts towards sustainability, Mexico`s electric commercial vehicle market is gaining traction. The push for eco-friendly transportation solutions aligns with the country`s commitment to reduce emissions and combat environmental challenges. Electric trucks and vans are becoming increasingly popular in the logistics and transportation sectors, driven by government incentives and growing awareness about the environmental impact of traditional commercial vehicles.
The landscape of transportation in Mexico is undergoing a revolutionary shift with the rise of the Electric Commercial Vehicle Market. As the country aligns with global sustainability goals, there is a growing emphasis on reducing emissions and embracing electric mobility. The market is witnessing a surge in electric trucks and vans, driven by governmental incentives and a heightened environmental consciousness. With an increasing focus on developing charging infrastructure and battery technologies, the electric commercial vehicle market is poised to play a pivotal role in shaping the future of transportation in Mexico.
In the Mexico electric commercial vehicle market, challenges arise from infrastructure limitations, technological advancements, and regulatory uncertainties. The adoption of electric commercial vehicles depends on the availability of charging infrastructure and government incentives to promote electrification. Technological advancements in battery technology and vehicle design require continuous investment and innovation, posing challenges for manufacturers seeking to meet market demand while maintaining cost competitiveness.
In line with global efforts to reduce carbon emissions and combat climate change, the Mexican government has introduced several policies to promote the adoption and manufacturing of electric commercial vehicles. These policies include tax incentives, subsidies, and grants for companies investing in electric vehicle production or transitioning their fleets to electric alternatives. Additionally, the government has set ambitious targets for the electrification of commercial transport and has pledged to invest in the development of charging infrastructure across the country. Furthermore, regulatory measures such as emissions standards and fuel efficiency requirements have been put in place to encourage the shift away from traditional fossil fuel-powered vehicles. The government is also actively engaging with industry stakeholders to develop supportive frameworks for research and development in electric vehicle technology, with a focus on enhancing battery efficiency and affordability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Electric Commercial Vehicle Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, 2020 & 2030F |
3.3 Mexico Electric Commercial Vehicle Market - Industry Life Cycle |
3.4 Mexico Electric Commercial Vehicle Market - Porter's Five Forces |
3.5 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Propulsion Type, 2020 & 2030F |
3.6 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
3.7 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Battery Type, 2020 & 2030F |
3.8 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Battery Capacity, 2020 & 2030F |
3.9 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Power Output, 2020 & 2030F |
3.10 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By End-user, 2020 & 2030F |
3.11 Mexico Electric Commercial Vehicle Market Revenues & Volume Share, By Component, 2020 & 2030F |
4 Mexico Electric Commercial Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Electric Commercial Vehicle Market Trends |
6 Mexico Electric Commercial Vehicle Market, By Types |
6.1 Mexico Electric Commercial Vehicle Market, By Propulsion Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Propulsion Type, 2020 - 2030F |
6.1.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By BEV, 2020 - 2030F |
6.1.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By PHEV, 2020 - 2030F |
6.1.5 Mexico Electric Commercial Vehicle Market Revenues & Volume, By FCEV, 2020 - 2030F |
6.2 Mexico Electric Commercial Vehicle Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Bus, 2020 - 2030F |
6.2.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Truck, 2020 - 2030F |
6.2.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Pick-up Truck, 2020 - 2030F |
6.2.5 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Van, 2020 - 2030F |
6.3 Mexico Electric Commercial Vehicle Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Lithium-iron-phosphate (LFP), 2020 - 2030F |
6.3.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Lithium-nickel-manganese-cobalt oxide (NMC), 2020 - 2030F |
6.3.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Others, 2020 - 2030F |
6.4 Mexico Electric Commercial Vehicle Market, By Battery Capacity |
6.4.1 Overview and Analysis |
6.4.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By less than 50 kWh, 2020 - 2030F |
6.4.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By 50â??250 kWh, 2020 - 2030F |
6.4.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By above 250 kWh, 2020 - 2030F |
6.5 Mexico Electric Commercial Vehicle Market, By Power Output |
6.5.1 Overview and Analysis |
6.5.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By less than 100 KW,, 2020 - 2030F |
6.5.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By 100â??250 KW, 2020 - 2030F |
6.5.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Above 250 KW, 2020 - 2030F |
6.6 Mexico Electric Commercial Vehicle Market, By End-user |
6.6.1 Overview and Analysis |
6.6.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Last Mile Delivery, 2020 - 2030F |
6.6.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Distribution Service, 2020 - 2030F |
6.6.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Field Service, 2020 - 2030F |
6.6.5 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Refuse Service, 2020 - 2030F |
6.6.6 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Long Haul Transportation, 2020 - 2030F |
6.7 Mexico Electric Commercial Vehicle Market, By Component |
6.7.1 Overview and Analysis |
6.7.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Motor, 2020 - 2030F |
6.7.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By EV Battery, 2020 - 2030F |
6.7.4 Mexico Electric Commercial Vehicle Market Revenues & Volume, By , 2020 - 2030F |
6.8 Mexico Electric Commercial Vehicle Market, By Autonomous Vehicles |
6.8.1 Overview and Analysis |
6.8.2 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Autonomous Truck, 2020 - 2030F |
6.8.3 Mexico Electric Commercial Vehicle Market Revenues & Volume, By Electric Autonomous Bus, 2020 - 2030F |
7 Mexico Electric Commercial Vehicle Market Import-Export Trade Statistics |
7.1 Mexico Electric Commercial Vehicle Market Export to Major Countries |
7.2 Mexico Electric Commercial Vehicle Market Imports from Major Countries |
8 Mexico Electric Commercial Vehicle Market Key Performance Indicators |
9 Mexico Electric Commercial Vehicle Market - Opportunity Assessment |
9.1 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Propulsion Type, 2020 & 2030F |
9.2 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
9.3 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Battery Type, 2020 & 2030F |
9.4 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Battery Capacity, 2020 & 2030F |
9.5 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Power Output, 2020 & 2030F |
9.6 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By End-user, 2020 & 2030F |
9.7 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Component, 2020 & 2030F |
9.7 Mexico Electric Commercial Vehicle Market Opportunity Assessment, By Autonomous Vehicles, 2020 & 2030F |
10 Mexico Electric Commercial Vehicle Market - Competitive Landscape |
10.1 Mexico Electric Commercial Vehicle Market Revenue Share, By Companies, 2023 |
10.2 Mexico Electric Commercial Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |