Australia Electric Truck Market 2033

Australia Electric Truck Market Size, Share, Trends and Forecast by Vehicle Type, Propulsion, Range, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A31972

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Australia Electric Truck Market Overview:

The Australia electric truck market size reached USD 17.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 133.0 Million by 2033, exhibiting a growth rate (CAGR) of 25.64% during 2025-2033. The stringent government emissions regulations, increasing adoption of sustainable transport solutions, rising fuel costs, advancements in battery technology, expansion of EV charging infrastructure, and growing investment in fleet electrification by logistics and transportation companies are expanding the Australia electric truck market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 17.1 Million
Market Forecast in 2033	USD 133.0 Million
Market Growth Rate 2025-2033	25.64%

Australia Electric Truck Market Trends:

Growing Adoption of Battery Electric Trucks Due to Sustainability Goals

The increasing focus on sustainability and carbon emission reduction is driving the adoption of battery electric trucks in Australia. Government policies, such as incentives for electric vehicle purchases and investments in charging infrastructure, are accelerating this transition. For instance, an increased luxury car tax threshold of USD 89,332 for fuel-efficient vehicles, fringe benefits tax exemptions for qualified EVs, and the elimination of customs duties on EVs valued below the luxury car tax threshold are just a few of the incentives the Australian government has implemented as of March 28, 2024, to encourage the adoption of electric vehicles (EVs). Businesses in logistics and freight sectors are also prioritizing electric fleets to comply with environmental regulations and reduce operational costs associated with fuel and maintenance. Moreover, advancements in battery technology, including improved range and faster charging times, are making electric trucks more viable for long-haul applications. With major truck manufacturers introducing new electric models tailored for Australian road conditions, the market is expected to witness significant Australia electric truck market growth. The increasing availability of renewable energy sources further supports this shift, ensuring a lower carbon footprint for electric truck operations. As a result, battery electric trucks are becoming a preferred choice for companies looking to transition towards greener and more cost-efficient transportation solutions.

Australia Electric Truck Market Size

Expansion of Charging Infrastructure to Support Market Growth

The expansion of charging infrastructure is playing a crucial role in the growth of the electric truck market in Australia. For instance, the Australian Government launched a USD 2.4 Million project to improve the infrastructure for electric vehicle (EV) charging on February 7, 2025. Over the course of the next two and a half years, EVX Australia, with funding from the Australian Renewable Energy Agency (ARENA), plans to install 500 charging ports and 250 kerbside chargers throughout South Australia, Victoria, and New South Wales, including regional regions like Orange, Wagga Wagga, and Goulburn. As part of the Driving the Nation program, this effort seeks to lower emissions and promote the adoption of EVs. Government initiatives and private sector investments are driving the installation of high-capacity charging stations across major highways, logistics hubs, and urban centers. These developments aim to address range anxiety and enable the widespread adoption of electric trucks in long-haul and regional freight transport. Additionally, advancements in fast-charging technology are reducing downtime, making electric trucks more efficient for commercial operations. Companies are also integrating depot-based charging solutions, ensuring a seamless transition to electric fleets. Partnerships between energy providers and truck manufacturers are further enhancing the accessibility of charging networks, which is positively influencing Australia electric truck market outlook. As the infrastructure continues to develop, electric trucks will become a more practical and scalable solution for various industries. The focus on renewable energy integration within charging networks is also helping companies achieve their sustainability targets while reducing dependence on fossil fuels.

Australia Electric Truck Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on vehicle type, propulsion, range, and application.

Vehicle Type Insights:

Light-duty Truck
Medium-duty Truck
Heavy-duty Truck

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes light-duty truck, medium-duty truck, and heavy-duty truck.

Propulsion Insights:

Battery Electric Truck
Hybrid Electric Truck
Plug-in Hybrid Electric Truck
Fuel Cell Electric Truck

A detailed breakup and analysis of the market based on the propulsion have also been provided in the report. This includes battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck.

Range Insights:

0-150 Miles
151-300 Miles
Above 300 Miles

The report has provided a detailed breakup and analysis of the market based on the range. This includes 0-150 miles, 151-300 miles, and above 300 miles.

Application Insights:

Logistics
Municipal
Construction
Mining
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes logistics, municipal, construction, mining, and others.

Regional Insights:

Australia Capital Territory & New South Wales
Victoria & Tasmania
Queensland
Northern Territory & Southern Australia
Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Electric Truck Market News:

On March 5, 2025, Centurion, an Australian logistics and transportation company, stated that 20 Mercedes-Benz eActros 300 electric trucks would be deployed in the Perth metropolitan area. A 10 MWh battery energy storage system at Centurion's Hazelmere depot and a 4.4 MW rooftop solar array power these cars. 30 battery electric trucks will be added to Centurion's fleet as part of a USD 29 Million project funded by the Australian Renewable Energy Agency's Future Fuels Program.

Australia Electric Truck Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Vehicle Type Propulsion Range Application Region
Vehicle Types Covered	Light-duty Truck, Medium-duty Truck, Heavy-duty Truck
Propulsions Covered	Battery Electric Truck, Hybrid Electric Truck, Plug-in Hybrid Electric Truck, Fuel Cell Electric Truck
Ranges Covered	0-150 Miles, 151-300 Miles, Above 300 Miles
Applications Covered	Logistics, Municipal, Construction, Mining, Others
Regions Covered	Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Australia electric truck market performed so far and how will it perform in the coming years?
What is the breakup of the Australia electric truck market on the basis of vehicle type?
What is the breakup of the Australia electric truck market on the basis of propulsion?
What is the breakup of the Australia electric truck market on the basis of range?
What is the breakup of the Australia electric truck market on the basis of application?
What is the breakup of the Australia electric truck market on the basis of region?
What are the various stages in the value chain of the Australia electric truck market?
What are the key driving factors and challenges in the Australia electric truck market?
What is the structure of the Australia electric truck market and who are the key players?
What is the degree of competition in the Australia electric truck market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia electric truck market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia electric truck market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia electric truck industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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