North America’s newest zero-emissions commercial truck brand, ZM Trucks, will be showcased at the upcoming Advanced Clean Transportation (ACT) Expo. ZM Trucks, a subsidiary of ZO Motors Tokyo, will present five models optimized for local market needs and assembled in North America, offering total-cost-of-ownership advantages compared to diesel trucks.
The global electric commercial vehicle (ECV) market is projected to grow at a compound annual growth rate (CAGR) of over 26.02% from 2023 to 2027, according to a recent report by Technavio. This growth is primarily attributed to increasing environmental concerns and the need for sustainable transportation solutions. Companies are investing heavily in the development and production of ECVs, such as buses, trucks, and vans, to meet the growing demand for eco-friendly transportation options.
