Electric, hybrid trucks to reach 2.25m unit sales by 2025, says Frost & Sullivan

Research firm Frost & Sullivan’s latest analysis of the electric truck market finds that the global light/medium/heavy-duty hybrid and full electric truck segments are expected to reach yearly sales of more than 2.25-million units by 2025. Frost & Sullivan believes China will lead the electrification of powertrains, contributing 60% of global sales.