Taiwan Electric Truck Market (2025-2031) | Outlook, Industry, Revenue, Size, Forecast, Growth, Analysis, Share, Companies, Value & Trends

Market Forecast By Charger Types (AC and DC), By DC Charger Connector Types (CHAdeMO, CCS, and Others (including Tesla superchargers and GB/T)), By DC Charger Power Ratings (40-80 kW, 80-120 kW, and 120-200 kW), By End Consumers (Public and Private) And Competitive Landscape.

Product Code: ETC072158 Publication Date: Apr 2025 Updated Date: Apr 2025 Product Type: Reports
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 2

Taiwan Electric Truck Market Highlights

Report Name Taiwan Electric Truck Market
Forecast period 2025-2031
CAGR 14.5%
Growing Sector Logistics

Topics Covered in Taiwan Electric Truck Market Report

Taiwan Electric Truck Market report thoroughly covers the market by Charger Types, by DC Charger Connector Types, by DC Charger Power Ratings, and by End Consumers. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Taiwan Electric Truck Market Synopsis

Taiwan Electric Truck Market is expected to witness significant growth in the coming years, due to increasing demand for sustainable transportation solutions and government incentives promoting electric vehicle adoption. With advancements in battery technology and a robust push toward reducing carbon emissions, local manufacturers and international players are capitalizing on this growing sector. The market is bolstered by Taiwan's well-developed infrastructure and ongoing investments in charging networks, which further support the transition to electric trucks.

According to 6Wresearch, Taiwan Electric Truck Market Size is expected to reach a significant CAGR of 14.5% during the forecast period 2025-2031. Several factors are driving the growth of Taiwan Electric Truck Market such as the Taiwanese government's commitment to reducing carbon emissions through policies and subsidies aimed at promoting electric vehicle adoption. Apart from this, the booming e-commerce and logistics sectors demand efficient and eco-friendly transportation solutions, further accelerating the adoption of electric trucks. Furthermore, growing awareness of environmental sustainability among businesses and consumers contributes to a favourable market environment, encouraging the transition to cleaner transportation alternatives.

However, Taiwan Electric Truck Market faces few restraints such as the high initial cost of electric trucks compared to traditional diesel-powered vehicles, which may discourage small and medium-sized enterprises from investing in them. Additionally, the lack of widespread charging infrastructure remains a pressing issue, limiting the convenience and practicality of electric trucks, particularly for long-haul operations. Furthermore, the limited availability of government incentives or subsidies for electric truck adoption in certain regions may slow down the transition to cleaner transportation options.

Taiwan Electric Truck Market Trends

Electric Truck Market in Taiwan is experiencing steady growth, driven by a combination of government policies, increasing environmental awareness, and advancements in technology. With Taiwan's pledge to achieve net-zero emissions by 2050, there has been a significant push to promote the adoption of electric vehicles across various sectors, including freight and logistics. Local manufacturers are playing a pivotal role, developing innovative electric truck models tailored to the needs of businesses in the region. Additionally, the expansion of charging infrastructure and government subsidies for electric vehicle purchases are encouraging more companies to transition their fleets to electric alternatives.

Investment Opportunities in Taiwan Electric Truck Market

Taiwan Electric Truck Industry presents a promising investment opportunity for businesses looking to expand their operations globally. Manufacturers can capitalize on the increasing demand by expanding production capacities and investing in advanced technologies, such as battery efficiency and lightweight materials. Infrastructure developers also have the chance to play a critical role by constructing more charging stations and establishing networks to support the growing fleet of electric trucks. Furthermore, investors may find opportunities in software solutions for fleet management, which are essential for optimizing the performance and cost-effectiveness of electric vehicles.

Leading Players in Taiwan Electric Truck Market

Taiwan Electric Truck Market is supported by several key players driving innovation and growth in the industry. Key players include Yulon Motor, Foxconn, Formosa Plastics Group, and emerging startups. These collaborations and efforts by key players are accelerating the transition towards a more sustainable transportation ecosystem in Taiwan.

Government Regulations

Taiwan Electric Truck Market share is growing, and government’s regulation and policies are helping in extension of the market. Subsidy programs provide financial incentives for businesses to adopt electric trucks, reducing the cost burden of transitioning to eco-friendly fleets. Additionally, investments in charging infrastructure have been prioritized, including the development of fast-charging stations across urban and rural areas, ensuring accessibility for electric vehicle users. The government is also enforcing stricter emission regulations, pushing manufacturers to innovate and produce greener vehicles.

Future Insights of Taiwan Electric Truck Market

The future of Taiwan Electric Truck Market Growth looks promising due to technological advancements, policy support, and increasing demand for sustainable logistics solutions. With the global focus on reducing carbon emissions, Taiwan is positioned to become a regional leader in electric truck adoption. Local manufacturers are actively innovating, developing vehicles with enhanced battery efficiency, longer ranges, and lower operating costs to meet industry needs. Additionally, partnerships between government agencies and private companies are expected to boost investment in research and development, fostering a competitive market landscape.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

DC to Dominate the Market- By Charger Types

According to Ravi Bhandari, Research Head, 6Wresearch, DC chargers are expected to witness more significant growth due to their ability to provide faster charging solutions, which aligns with the operational needs of commercial fleets.

CCS to Dominate the Market-By DC Charger Connector Types

CCS (Combined Charging System) is likely to experience the most significant growth. CCS has been widely adopted across major markets, due to its ability to accommodate both AC and DC charging through a single port, offering greater versatility.

120-200 kW to Dominate the Market-By DC Charger Power Ratings

120-200 kW segment, while requiring higher initial investment, is poised for significant expansion as the adoption of larger battery electric vehicles (BEVs) and long-distance travel increases. These chargers appeal to highway networks and premium charging hubs, where rapid turnaround times are crucial.

Public to Dominate the Market-By End Consumers

Public sector is becoming increasingly essential as EV adoption rises, particularly in urban areas where access to private charging may be limited. Governments and private companies are investing heavily in expanding charging infrastructure to meet the growing demand from EV users who rely on accessible and convenient charging options.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indic
  • Factors Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Taiwan Electric Truck Market Overview
  • Taiwan Electric Truck Market Outlook
  • Taiwan Electric Truck Market Forecast
  • Historical Data and Forecast Taiwan Electric Truck Market Revenues and Volume for the Period 2021-2031
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Vehicle Types, for the Period 2021-2031
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Charger Types, for the Period 2021-2031
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By DC Charger Connector Types, for the Period 2021-2031
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By DC Charger Power Ratings, for the Period 2021-2031
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Charger End Consumers, for the Period 2021-2031
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of
  • Market Trends
  • Taiwan Vehicle Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Covered

The market report has been segmented and sub segmented into the following categories 

By Charger Types

  • AC
  • DC

By DC Charger Connector Types

  • CHAdeMO
  • CCS
  • Others (including Tesla superchargers and GB/T)

By DC Charger Power Ratings

  • 40-80 kW
  • 80-120 kW
  • 120-200 kW

By End Consumers

  • Public
  • Private

Taiwan Electric Truck Market (2025-2031): FAQs

The market will grow at a CAGR of 14.5%.
The market will grow due to prominent factors such as commitment to reducing carbon emissions, the booming e-commerce and logistics, and growing awareness.
The market is hindering due to the high initial cost, the lack of widespread charging infrastructure, and the limited availability of government incentives.
Key players include Yulon Motor, Foxconn, Formosa Plastics Group, and emerging startups.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Introduction
1.1 Market Scope & Segmentation
1.2 Research Methodology – Sources of Information
1.3 Robust Forecasting Model
1.4 Assumptions
2. Taiwan Electric Truck Market Overview
2.1. Taiwan Electric Truck Market Overview
2.2. Taiwan Electric Truck Market Revenues and Volume, 2021-2031F
2.3. Taiwan Electric Truck Market Revenue Share, By Types
2.3.3. Taiwan Electric Truck Market Revenue and Volume Share, 2021 & 2031F
2.4. Taiwan Electric Truck Market Revenues and Volume, 2021-2031F
2.5. Taiwan Electric Truck Market Overview, By Types
3. Taiwan Electric Truck Charging Infrastructure Market Overview
3.1. Taiwan Electric Truck Charger Market Revenues and Volume, 2021-2031F
3.2. Taiwan Electric Truck Charger Market Revenue and Volume Share, By Types, 2021 & 2031F
3.2.1. Taiwan AC Charger Electric Vehicle Market Revenue and Volume Share, 2021 & 2031F
3.2.2. Taiwan DC Charger Electric Vehicle Market Revenue and Volume Share, 2021 & 2031F
3.3. Taiwan Electric Truck Charger Market Revenues and Volume, By Type 2021-2031F
3.3.1. Taiwan AC Charger Electric Vehicle Market Revenues and Volume, 2021 & 2031F
3.3.2. Taiwan DC Charger Electric Vehicle Market Revenues and Volume, 2021 & 2031F
3.4. Taiwan Electric Truck Charger Market Volume Share, By End Consumers, 2021 & 2031F
3.4.1. Taiwan Public End Consumer Electric Bus Charger Market Volume, 2021-2031F
3.4.1. Taiwan Private End Consumer Electric Bus Charger Market Volume, 2021-2031F
3.5. Taiwan DC Charger Market Volume Share, By Connector Types, 2021 & 2031F
3.5.1. Taiwan CHAdeMO DC Electric Bus Charger Market Volume, 2021-2031F
3.5.2. Taiwan CCS DC Electric Bus Charger Market Volume, 2021-2031F
3.5.3. Taiwan Other DC Electric Bus Charger Market Volume, 2021-2031F
3.6. Taiwan DC Charger Market Volume Share, By Power Rating, 2021 & 2031F
3.6.1. Taiwan 40-80 kW DC Electric Vehicle Charger Market Volume, 2021-2031F
3.6.2. Taiwan 80-120 kW DC Electric Vehicle Charger Market Volume, 2021-2031F
3.6.3. Taiwan 120-200 kW DC Electric Vehicle Charger Market Volume, 2021-2031F
3.7. Taiwan Electric Truck High Power Charger Market Volume, 2022F-2031F
3.8. Taiwan Electric Truck Charging Infrastructure - Ecosystem
4. Taiwan Electric Truck Competitive Landscape
4.1. Taiwan Electric Truck Charger Volume, By Company, 2024
4.2. Taiwan Electric Truck Charger Market Volume Share, By Company, 2024
5. Company Profiles
6. Disclaimer
 

Market Forecast By Charger Types (AC and DC), By DC Charger Connector Types (CHAdeMO, CCS, and Others (including Tesla superchargers and GB/T)), By DC Charger Power Ratings (40-80 kW, 80-120 kW, and 120-200 kW), By End Consumers (Public and Private) And Competitive Landscape.

Product Code: ETC072158 Publication Date: May 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 14 No. of Tables: 8

Taiwan Electric Truck Market report comprehensively covers the market by-charger types, DC charger connector types, DC charger power ratings, and end consumers. Taiwan Electric Truck market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Taiwan Electric Truck Market Synopsis

With the continuous government push to promote green mobility in the country and reduce carbon emissions, electric trucks are anticipated to gain traction in the coming years with the installation of fast DC charging and expanding electric vehicle charging infrastructure to encourage people to adopt electric vehicles. Although, the electric truck market is in a nascent stage in Taiwan with no electric trucks currently, the government ambitious plans to phase out all gasoline vehicles by 2040 which would act as a catalyst to the surge in demand for electric trucks in the coming years and urge companies to adopt e mobility for a cleaner environment. However, the incursion of the COVID-19 pandemic has resulted in a slowdown in the economy during the first half of 2020 further obstructing the growth of the electric vehicle market in the country.

Taiwan Electric Truck Market Outlook (2020-2025)

According to 6Wresearch, Taiwan electric truck market is expected to grow at a CAGR of 65.2% during 2022-2025. Low electric vehicle charging infrastructure in the country acts as a barrier to the adoption of electric vehicles in the country. However, the government has taken steps to increase the availability of fast chargers and has allocated funds to state-owned oil company CPC to enhance the charging infrastructure in the country which would act as the major driver in the adoption of e-mobility.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 6 Years Market Numbers.
  • Estimated Data Starting from 2020 to 2025F.
  • Base Year: 2019
  • Forecast Data until 2025F.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Taiwan Electric Truck Market Overview
  • Taiwan Electric Truck Market Outlook
  • Taiwan Electric Truck Market Forecast
  • Historical Data and Forecast Taiwan Electric Truck Market Revenues and Volume for the Period 2019-2025F
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Vehicle Types, for the Period 2019-2025F
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Charger Types, for the Period 2019-2025F
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By DC Charger Connector Types, for the Period 2019-2025F
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By DC Charger Power Ratings, for the Period 2019-2025F
  • Historical Data and Forecast of Taiwan Electric Truck Market Revenues and Volume, By Charger End Consumers, for the Period 2019-2025F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Market Trends
  • Taiwan Vehicle Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Charger Types

  • AC
  • DC

By DC Charger Connector Types

  • CHAdeMO
  • CCS
  • Others (including Tesla superchargers and GB/T)

By DC Charger Power Ratings

  • 40-80 kW
  • 80-120 kW
  • 120-200 kW

By Charger End Consumers

  • Public
  • Private
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