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Stock impact report

Commercial Truck Market to reach USD 17.1 Tn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]

Mullen Automotive, Inc. (MULN) 
Company Research Source: Yahoo! Finance
Selbyville, Delaware, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The commercial truck market valuation is predicted to exceed USD 17.1 trillion by 2032, reported in a research analysis by Global Market Insights Inc. This remarkable growth is anticipated due to rising demand in utility services and significant advancements in natural gas-powered truck technologies. The rising efficient launches from leading companies in the market lead to growth. For instance, in August 2024, Daimler India Commercial Vehicles (DICV) launched BharatBenz heavy-duty rigid trucks in two configurations, offering enhanced performance with 250HP and 950Nm of torque, as well as 306HP and 1200Nm of torque for commercial applications. The market is expected to be driven by innovations in fuel technology, alongside substantial increases in infrastructure investments, which will collectively propel market expansion. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/924 Show less Read more
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