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

Canada Electric Truck Market Overview:

The Canada electric truck market size reached USD 17.05 Million in 2024. Looking forward, the market is projected to reach USD 168.04 Million by 2033, exhibiting a growth rate (CAGR) of 25.71% during 2025-2033. The market in Canada is propelled by federal and provincial incentives tied to zero-emission freight corridors, large-scale charging infrastructure and predictable energy tariffs. Cold-chain innovation and battery thermal-management tailored to Canada’s harsh climate extend electric truck applicability from urban parcels to refrigerated freight. Simultaneously, mining-sector adoption and local assembly in Ontario and Quebec integrate heavy-duty electrification into Canada’s industrial base, further augmenting the Canada electric truck market share.

Canada Electric Truck Market Trends:

Zero-Emission Freight Corridors and Federal Incentives

Canada’s federal government has identified specific “zero-emission freight corridors” linking ports, intermodal hubs and urban distribution centers, and it is backing these with infrastructure spending on megawatt-class charging stations and battery-swap pilots. This approach turns isolated pilots into fully functioning routes where range anxiety is no longer a barrier. Alongside this, Ottawa’s Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles program reimburses a significant portion of the purchase cost for fleets adopting electric trucks, making electrification financially viable for small and mid-sized carriers. Provincial governments complement the federal support with their own grants and energy-pricing structures, aligning local utilities to deliver preferential charging tariffs for commercial fleets. Recent developments include USD 25 million in new federal funding for EV charging and decarbonizing freight, including projects for heavy-duty trucks (Zero Emission Vehicle Infrastructure Program, ZEVIP). Incentives for Medium- and Heavy-duty Zero-Emission Vehicles (iMHZEV) provide up to USD 75,000 per truck at point of sale, with further support at the provincial level.  These combined measures are accelerating Canada electric truck market growth, creating a predictable framework for long-term fleet investments.

Cold-Chain Innovation and All-Weather Performance

Canada’s vast geography and extreme temperature swings create unique challenges for heavy vehicles, particularly in refrigerated transport of food, pharmaceuticals and other sensitive goods. Manufacturers are responding by developing electric trucks with insulated battery packs, thermal-management systems and auxiliary power units that maintain range in sub-zero conditions. For instance, in December 2024, Labatt Breweries of Canada placed the single largest Canadian order of Volvo VNR Electric trucks, adding ten vehicles to its fleet for distribution routes in Montreal and Bois-des-Filion. Supported by Canada’s federal iMHZEV program and Quebec’s Écocamionnage incentives, the trucks feature a 370 km range and fast-charging capability, advancing Labatt’s goal of reaching net-zero emissions nationwide by 2040. Pilot projects in provinces such as Alberta and Saskatchewan are testing battery-electric refrigeration units that integrate with vehicle propulsion, cutting both fuel use and noise levels in urban delivery zones. This focus on cold-chain reliability has turned Canada into a testbed for high-latitude electric-truck technology, producing designs that are more durable and efficient under harsh operating conditions and expanding the types of freight applications suitable for electrification.

Canada 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 and regional levels 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
  
  

The report has provided a detailed breakup and analysis of the market based on the propulsion. 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
  
  

The report has provided a detailed breakup and analysis of the market based on the application. This includes logistics, municipal, construction, mining, and others.

Regional Insights:

• Ontario
• Quebec
• Alberta
• British Columbia
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Ontario, Quebec, Alberta, British Columbia, and others.

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.

Canada Electric Truck Market News:

·         In September 2024, Sysco Canada introduced its first eight Freightliner eCascadia Class 8 electric trucks into operations in Victoria, British Columbia, serving more than 1,500 local businesses. Supported by the Government of Canada, the Government of British Columbia, and BC Hydro, this rollout is part of Sysco’s broader plan to scale its zero-emission fleet in Canada, alongside other initiatives like solar projects in Edmonton and Calgary.

Canada Electric Truck Market Report Coverage:

Key Questions Answered in This Report:

• How has the Canada electric truck market performed so far and how will it perform in the coming years?
• What is the breakup of the Canada electric truck market on the basis of vehicle type?
• What is the breakup of the Canada electric truck market on the basis of propulsion?
• What is the breakup of the Canada electric truck market on the basis of range?
• What is the breakup of the Canada electric truck market on the basis of application?
• What is the breakup of the Canada electric truck market on the basis of region?
• What are the various stages in the value chain of the Canada electric truck market?
• What are the key driving factors and challenges in the Canada electric truck market?
• What is the structure of the Canada electric truck market and who are the key players?
• What is the degree of competition in the Canada 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 Canada electric truck market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada 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 Canada 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.