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Associated Press
3 days ago
- Automotive
- Associated Press
Electric Commercial Vehicle Market Insights and Forecasts 2021-2031 with Analyst Recommendations - Develop After-Sales and Support Ecosystems / Strengthen Battery and Charging Technology
DUBLIN--(BUSINESS WIRE)--Jul 4, 2025-- The 'Electric Commercial Vehicle Market (2025 Edition): Analysis By Vehicle Type (Light Commercial Vehicles, Medium Commercial Vehicles, and Heavy Commercial Vehicles), By Propulsion Type, By Application, By Region, By Country: Market Insights and Forecast (2021-2031)' report has been added to offering. The Global Electric Commercial Vehicle market showcased growth at a CAGR of 25.44% during 2021-2024. The market was valued at USD 64.84 Billion in 2024 which is expected to reach USD 411.22 Billion in 2031. This report provides a complete analysis for the historical period of 2021-2024, the estimates of 2025 and the forecast period of 2026-2031. The Global Electric Commercial Vehicle (ECV) market is undergoing a dynamic transformation, driven by an intersection of environmental imperatives, technological evolution, policy support, and shifting consumer preferences. As the world pivots toward low-emission transportation solutions, ECVs have emerged as a critical component in the decarbonization of logistics and public transit systems. At the heart of this evolution lies growing awareness about the environmental footprint of diesel-powered commercial fleets, prompting governments and private enterprises to transition to electric alternatives. The market operates within a complex ecosystem comprising vehicle manufacturers, battery suppliers, technology providers, fleet operators, and infrastructure developers. This ecosystem is being continually shaped by innovations in battery technology, enhanced vehicle range, supportive policy frameworks, and strategic investments in electric charging infrastructure. The current operating structure of the global ECV market is increasingly segmented across key verticals, including vehicle types such as light, medium, and heavy commercial vehicles; propulsion technologies such as battery electric, hybrid electric, and fuel cell electric vehicles; and applications spanning last-mile delivery, public transport, industrial operations, and airport or port logistics. Each of these segments plays a distinct role in the growth of the market. Light electric commercial vehicles dominate due to their suitability for urban delivery and service operations, while heavy-duty ECVs are gradually gaining traction with advances in battery power density and charging capabilities. Meanwhile, fuel cell electric vehicles are emerging as a solution for long-haul transportation, offering extended range and faster refuelling, albeit still constrained by high costs and limited infrastructure. From an operational perspective, the market is driven by regulatory mandates and emissions compliance requirements set forth by global institutions and national governments. The European Union's Fit for 55 packages, the U.S. Inflation Reduction Act, China's New Energy Vehicle (NEV) mandates, and India's FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme are examples of strategic interventions that are accelerating ECV adoption. These regulations are complemented by financial incentives, tax credits, and infrastructure subsidies that reduce the total cost of ownership (TCO) for electric commercial fleets, making them more competitive with internal combustion engine (ICE) vehicles. Moreover, cities across Europe, North America, and Asia are implementing low-emission or zero-emission zones, effectively restricting the entry of conventional diesel vehicles and prompting fleet operators to switch to electric alternatives. On the technology front, lithium-ion batteries remain the dominant energy storage solution due to their superior energy density, performance, and falling cost trajectory. The average cost of lithium-ion battery packs has declined by over 85% over the past decade, substantially improving the affordability of ECVs. At the same time, advancements in fast charging technology and wireless charging are addressing range anxiety and downtime issues, improving the operational efficiency of electric fleets. Additionally, vehicle manufacturers are integrating smart technologies such as telematics, AI-based route optimization, and predictive maintenance to enhance fleet productivity and vehicle uptime. Companies are also investing heavily in modular electric powertrains and scalable platforms that can be adapted across different vehicle types and applications, thereby improving flexibility and production efficiency. Market growth is also being fuelled by the expansion of the e-commerce sector, which has significantly increased the demand for last-mile delivery services. Logistics providers such as FedEx, UPS, and DHL are committing to the electrification of their delivery fleets, partnering with OEMs and start-ups to integrate light electric vans and trucks into their operations. Similarly, retail and tech giants like Amazon and Walmart are heavily investing in ECVs to meet their sustainability targets and improve operational cost-efficiency. The rise in last-mile delivery services is complemented by a parallel growth in public electric buses, with governments funding large-scale procurement programs for e-buses to reduce urban air pollution and modernize public transit systems. Countries like China, which leads globally in electric bus deployment, have become benchmarks for scalable ECV infrastructure development. Regionally, Asia-Pacific dominates the global ECV market in both volume and production capacity, led by China, which houses key manufacturers such as BYD, SAIC, and Foton. China's strong policy support, local supply chain, and advanced battery manufacturing capabilities make it the epicentre of the global ECV industry. Europe follows closely, with aggressive carbon neutrality goals and OEMs like Volvo, Daimler Truck, and Renault pushing electric truck and van development. The North American market, while slightly behind in terms of policy stringency, is catching up rapidly with strong momentum from companies such as Tesla, Rivian, Ford, and General Motors. These players are launching commercial electric pickups, vans, and medium/heavy-duty trucks to cater to a growing market of environmentally conscious businesses. The operational landscape is also witnessing increased participation from start-ups and new entrants who are introducing innovative vehicle architectures, direct-to-fleet sales models, and vehicle-as-a-service (VaaS) platforms. These companies are reshaping the competitive dynamics by lowering entry barriers for small fleet operators through subscription-based vehicle models and bundled service offerings, including charging solutions, maintenance, and telematics. Meanwhile, energy and utility companies are collaborating with municipalities and private players to develop integrated charging networks and vehicle-to-grid (V2G) solutions that enable two-way energy flow and grid stability. Scope of the Report Analyst Recommendations Competitive Positioning: Companies' Product Positioning, Market Position Matrix, Market Share Analysis of Electric Commercial Vehicle Market For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: AUTOMOTIVE EV/ELECTRIC VEHICLES TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT PUBLIC TRANSPORT FLEET MANAGEMENT SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/04/2025 11:48 AM/DISC: 07/04/2025 11:48 AM
The Print
13-06-2025
- Health
- The Print
Uniting for Impact: 'United Against Dengue' Collaboration Launches to Elevate Education, Advocacy and Support across Asia
Kuala Lumpur [Malaysia], June 12: With dengue cases continuing to rise across Asia due to factors such as changing climate conditions, increased urbanization, and population growth, a new regional collaboration has been launched to contribute to ongoing efforts in addressing this growing public health threat. In conjunction with ASEAN Dengue Day, The International Federation of Red Cross and Red Crescent Societies (IFRC) Asia Pacific and Takeda today unveiled 'United Against Dengue' (UAD), a multi-year regional collaboration aimed at strengthening dengue prevention and management across the region. The collaboration aims to enhance community resilience, promote policy advocacy and support. Led by The International Federation of Red Cross and Red Crescent Societies and Takeda, the regional collaboration is dedicated to supporting the World Health Organization (WHO) and ASEAN goal of eliminating preventable dengue deaths by 2030. 'Through UAD, we aim to empower communities across Asia and beyond to take charge of their health and unite against dengue. Our focus is clear – to educate communities, advocate for sustainable dengue prevention measures, and support affected individuals and communities with care and assistance. The collaboration with Takeda reinforces WHO and ASEAN Member States' commitment to combating dengue through sustainable solutions, improving access to preventive health services, education, and healthcare support to reduce its impact on communities,' said Juja Kim, Deputy Regional Director for Asia Pacific, IFRC. 'Joining forces with IFRC, we aim to strengthen the foundation of community resilience by advancing disease literacy, enhancing early action capabilities, and empowering local health systems. UAD is designed to strengthen and complement existing public and community efforts to combat dengue collectively and ensure that communities are better equipped to anticipate, prepare for, and respond to dengue outbreaks,' said Dion Warren, Area Head of India & Southeast Asia (I-SEA), Takeda. 'By collaborating across sectors, including governments, NGOs, medical societies and communities, and leveraging our collective strengths and resources, we can tackle dengue's complex challenges more effectively and achieve greater impact, together. This collaboration is a call to action, underscoring the urgent need for unified, multi-sectoral action.' Strategic focus on Education, Advocacy and Support The collaboration is structured around three strategic pillars: Educate, Advocate, and Support. 1. Educate: Build community resilience and readiness through impactful disease education and early preparedness. Efforts include community awareness campaigns, volunteer training using the Epidemic Control for Volunteers (ECV) toolkit, and hygiene promotion through community engagement. Enhanced surveillance systems and early action protocols will also be introduced to guide community responses and improve outcomes. 2. Advocate: Ensure the sustainability of preventative measures through policy work and stakeholder engagement. This includes working closely with policymakers, medical societies, and community organizations to support the integration of dengue prevention, management and control into national strategies. Regional and national alignment across public health stakeholders is also prioritized to drive unified action and strengthen health system resilience for long-term impact. 3. Support: Provide care and assistance to communities and individuals affected by dengue. These efforts represent the initial focus of UAD and are not exhaustive. Additional efforts will be introduced as UAD continues to respond to evolving community needs and opportunities for greater impact. Kickstarting educational efforts is a partnership with popular comic platform, The Woke Salaryman for the initiative's first regional dengue educational content, a comic that will be translated to multiple languages. Leveraging their unique brand of storytelling, the series brings to light the impact of urbanization on community ties in Asia and beyond. The series not only raises awareness about dengue but also underscores the critical role of community collaboration in disease prevention efforts. Initially released in English, the comic series will be translated into Bahasa Melayu, with additional translations planned for languages beyond the region, including Spanish and French, which will be shared through IFRC's platforms. This strategic initiative aims to broaden the reach and deepen the impact of the UAD campaign, making crucial information accessible to diverse audiences across the region. The burden of dengue continues to rise Driven by climate change and rapid urbanization, dengue has become endemic in over 100 countries, with Asia shouldering approximately 70% of the global disease burden.[i] Thus far, in 2025, the Malaysian Ministry of Health's IDENGUE dashboard recorded 14,310 cases with 16 people (as of 24 March 2025) losing their lives from the disease. While current efforts are valuable, a more integrated approach is crucial to achieving the goal of zero preventable dengue deaths by 2030.[ii] 'Everyone has a role to play in the fight against dengue. UAD exemplifies the power of collaboration and community engagement in tackling this significant public health challenge. The WHO commends this creative approach to reaching and educating communities across the region. Together, we believe we can make zero preventable deaths by 2030 in Southeast Asia and beyond possible,' said Dr Deepa Gamage, Public Health Specialist, Disease Control, WHO Representative Office for Malaysia, Brunei Darussalam and Singapore. 'Dengue continues to pose a significant public health threat across Asia and beyond, requiring coordinated, multi-sectoral action at both regional and national levels,' said Prof. Datuk Dr. Zulkifli Ismail, Chairman of Asia Dengue Voice and Action (ADVA) and Dengue Prevention Advocacy Malaysiaand Chairman of Dengue Prevention Advocacy Malaysia (DPAM). 'Cross-sector collaboration will continue to be crucial for driving progress and protecting vulnerable populations from dengue. UAD collaboration reflects a clear intent to catalyse collaborative efforts to drive progress in dengue prevention and management.' Complementing existing public health efforts Aimed to enhance dengue awareness and bolster protection efforts, the UAD collaboration empowers communities to combat dengue through a multi-pronged approach: disease education, early action protocols, targeted public awareness campaigns, stakeholder engagement, and support for affected individuals and communities. The initiative will be rolled out across Asia and beyond. Additional regional and local programs will be launched to further drive collective action, enhance dengue awareness, and support dengue prevention efforts. More information about the UAD collaboration can be found here: About United Against Dengue (UAD) The UAD collaboration is led by the International Federation of Red Cross and Red Crescent Societies (IFRC) APAC and Takeda with a focus on protecting communities from the escalating threat of dengue fever through strengthening community resilience and working toward sustainable, long-term solutions. The collaboration leverages IFRC's community reach and Takeda's healthcare expertise to empower communities in Asia and beyond with the necessary knowledge and resources to strengthen dengue education and prevention. Structured around three strategic pillars: Educate, Advocate, and Support, UAD strengthens community resilience by educating on disease prevention, advocating for sustainable policies, and supporting afflicted patients and communities. For more information about the UAD collaboration, please visit Media contact: For inquiries, please contact the United Against Dengue Secretariat at unitedagainstdengue@ [i] World Health Organization. Dengue and severe dengue. Available at Accessed: June 2025 [ii] World Health Organization, Ending the neglect to attain the Sustainable Development Goals, 2021. Available at: Accessed: March 2025. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
Yahoo
12-06-2025
- Health
- Yahoo
Uniting for Impact: "United Against Dengue" Collaboration Launches to Elevate Education, Advocacy and Support across Asia
Led by The International Federation of Red Cross and Red Crescent Societies and Takeda, the regional collaboration is dedicated to supporting the World Health Organization (WHO) and ASEAN goal of eliminating preventable dengue deaths by 2030. KUALA LUMPUR, Malaysia, June 12, 2025 /PRNewswire/ -- With dengue cases continuing to rise across Asia due to factors such as changing climate conditions, increased urbanization, and population growth, a new regional collaboration has been launched to contribute to ongoing efforts in addressing this growing public health threat. In conjunction with ASEAN Dengue Day, The International Federation of Red Cross and Red Crescent Societies (IFRC) Asia Pacific and Takeda today unveiled "United Against Dengue" (UAD), a multi-year regional collaboration aimed at strengthening dengue prevention and management across the region. The collaboration aims to enhance community resilience, promote policy advocacy and support. "Through UAD, we aim to empower communities across Asia and beyond to take charge of their health and unite against dengue. Our focus is clear – to educate communities, advocate for sustainable dengue prevention measures, and support affected individuals and communities with care and assistance. The collaboration with Takeda reinforces WHO and ASEAN Member States' commitment to combating dengue through sustainable solutions, improving access to preventive health services, education, and healthcare support to reduce its impact on communities," said Juja Kim, Deputy Regional Director for Asia Pacific, IFRC. "Joining forces with IFRC, we aim to strengthen the foundation of community resilience by advancing disease literacy, enhancing early action capabilities, and empowering local health systems. UAD is designed to strengthen and complement existing public and community efforts to combat dengue collectively and ensure that communities are better equipped to anticipate, prepare for, and respond to dengue outbreaks," said Dion Warren, Area Head of India & Southeast Asia (I-SEA), Takeda. "By collaborating across sectors, including governments, NGOs, medical societies and communities, and leveraging our collective strengths and resources, we can tackle dengue's complex challenges more effectively and achieve greater impact, together. This collaboration is a call to action, underscoring the urgent need for unified, multi-sectoral action." Strategic focus on Education, Advocacy and Support The collaboration is structured around three strategic pillars: Educate, Advocate, and Support. Educate: Build community resilience and readiness through impactful disease education and early preparedness. Efforts include community awareness campaigns, volunteer training using the Epidemic Control for Volunteers (ECV) toolkit, and hygiene promotion through community engagement. Enhanced surveillance systems and early action protocols will also be introduced to guide community responses and improve outcomes. Advocate: Ensure the sustainability of preventative measures through policy work and stakeholder engagement. This includes working closely with policymakers, medical societies, and community organizations to support the integration of dengue prevention, management and control into national strategies. Regional and national alignment across public health stakeholders is also prioritized to drive unified action and strengthen health system resilience for long-term impact. Support: Provide care and assistance to communities and individuals affected by dengue. These efforts represent the initial focus of UAD and are not exhaustive. Additional efforts will be introduced as UAD continues to respond to evolving community needs and opportunities for greater impact. Kickstarting educational efforts is a partnership with popular comic platform, The Woke Salaryman for the initiative's first regional dengue educational content, a comic that will be translated to multiple languages. Leveraging their unique brand of storytelling, the series brings to light the impact of urbanization on community ties in Asia and beyond. The series not only raises awareness about dengue but also underscores the critical role of community collaboration in disease prevention efforts. Initially released in English, the comic series will be translated into Bahasa Melayu, with additional translations planned for languages beyond the region, including Spanish and French, which will be shared through IFRC's platforms. This strategic initiative aims to broaden the reach and deepen the impact of the UAD campaign, making crucial information accessible to diverse audiences across the region. The burden of dengue continues to rise Driven by climate change and rapid urbanization, dengue has become endemic in over 100 countries, with Asia shouldering approximately 70% of the global disease burden.[i] Thus far, in 2025, the Malaysian Ministry of Health's IDENGUE dashboard recorded 14,310 cases with 16 people (as of 24 March 2025) losing their lives from the disease. While current efforts are valuable, a more integrated approach is crucial to achieving the goal of zero preventable dengue deaths by 2030.[ii] "Everyone has a role to play in the fight against dengue. UAD exemplifies the power of collaboration and community engagement in tackling this significant public health challenge. The WHO commends this creative approach to reaching and educating communities across the region. Together, we believe we can make zero preventable deaths by 2030 in Southeast Asia and beyond possible," said Dr Deepa Gamage, Public Health Specialist, Disease Control, WHO Representative Office for Malaysia, Brunei Darussalam and Singapore. "Dengue continues to pose a significant public health threat across Asia and beyond, requiring coordinated, multi-sectoral action at both regional and national levels," said Prof. Datuk Dr. Zulkifli Ismail, Chairman of Asia Dengue Voice and Action (ADVA) and Dengue Prevention Advocacy Malaysia and Chairman of Dengue Prevention Advocacy Malaysia (DPAM). "Cross-sector collaboration will continue to be crucial for driving progress and protecting vulnerable populations from dengue. UAD collaboration reflects a clear intent to catalyse collaborative efforts to drive progress in dengue prevention and management." Complementing existing public health efforts Aimed to enhance dengue awareness and bolster protection efforts, the UAD collaboration empowers communities to combat dengue through a multi-pronged approach: disease education, early action protocols, targeted public awareness campaigns, stakeholder engagement, and support for affected individuals and communities. The initiative will be rolled out across Asia and beyond. Additional regional and local programs will be launched to further drive collective action, enhance dengue awareness, and support dengue prevention efforts. More information about the UAD collaboration can be found here: About United Against Dengue (UAD) The UAD collaboration is led by the International Federation of Red Cross and Red Crescent Societies (IFRC) APAC and Takeda with a focus on protecting communities from the escalating threat of dengue fever through strengthening community resilience and working toward sustainable, long-term solutions. The collaboration leverages IFRC's community reach and Takeda's healthcare expertise to empower communities in Asia and beyond with the necessary knowledge and resources to strengthen dengue education and prevention. Structured around three strategic pillars: Educate, Advocate, and Support, UAD strengthens community resilience by educating on disease prevention, advocating for sustainable policies, and supporting afflicted patients and communities. For more information about the UAD collaboration, please visit Media contact: For inquiries, please contact the United Against Dengue Secretariat at unitedagainstdengue@ [i] World Health Organization. Dengue and severe dengue. Available at Accessed: June 2025 [ii] World Health Organization, Ending the neglect to attain the Sustainable Development Goals, 2021. Available at: Accessed: March 2025. 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