China Electric Last Mile Delivery Vehicle Market Size & Outlook
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China electric last mile delivery vehicle market highlights
- The China electric last mile delivery vehicle market generated a revenue of USD 4,460.4 million in 2024 and is expected to reach USD 21,629.8 million by 2033.
- The China market is expected to grow at a CAGR of 19.6% from 2025 to 2033.
- In terms of segment, 2 wheeler was the largest revenue generating vehicle type in 2024.
- 4 Wheeler is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Electric last mile delivery vehicle market data book summary
| Market revenue in 2024 | USD 4,460.4 million |
| Market revenue in 2033 | USD 21,629.8 million |
| Growth rate | 19.6% (CAGR from 2025 to 2033) |
| Largest segment | 2 wheeler |
| Fastest growing segment | 4 Wheeler |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2 Wheeler, 3 Wheeler, 4 Wheeler |
Other key industry trends
- In terms of revenue, China accounted for 15.3% of the global electric last mile delivery vehicle market in 2024.
- Country-wise, India is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, India electric last mile delivery vehicle market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 22,329.9 million by 2033.
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Electric Last Mile Delivery Vehicle Market Scope
Electric Last Mile Delivery Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| STAR EV | View profile | 101-250 | Simpsonville, South Carolina, United States, North America | https://starev.com |
| Rivian | View profile | 10001+ | Plymouth, Michigan, United States, North America | http://www.rivian.com |
| Bob Pulte Chevrolet | View profile | 11-50 | Lebanon, Ohio, United States, North America | https://www.bobpulte.com |
| Tata Motors | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.tatamotors.com |
| Workhorse Group Inc | View profile | 298 | 3600 Park 42 Drive, Suite 160E, Sharonville, OH, United States, 45241 | https://www.workhorse.com |
| GreenPower Motor Company Inc | View profile | 112 | 209 Carrall Street, Suite 240, Vancouver, BC, Canada, V6B 2J2 | https://www.greenpowermotor.com |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| Gogoro Inc | View profile | 1892 | No. 225, Section 2, Chang’an E. Road, 11th Floor, Building C, SongShan District, Taipei, Taiwan, 105 | https://www.gogoro.com |
| Ford Motor Co | View profile | 177000 | One American Road, Dearborn, MI, United States, 48126 | https://www.ford.com |
| Honda Motor Co Ltd | View profile | 194993 | Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 | https://global.honda |
| General Motors Co | View profile | 163000 | 300 Renaissance Center, Detroit, MI, United States, 48265-3000 | https://www.gm.com |
China electric last mile delivery vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric last mile delivery vehicle market will help companies and investors design strategic landscapes.
2 wheeler was the largest segment with a revenue share of 73.47% in 2024. Horizon Databook has segmented the China electric last mile delivery vehicle market based on 2 wheeler, 3 wheeler, 4 wheeler covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of electric last mile delivery vehicle market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China electric last mile delivery vehicle market , including forecasts for subscribers. This country databook contains high-level insights into China electric last mile delivery vehicle market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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China Vehicle Type - Electric Last Mile Delivery Vehicle Market size, 2024 - 2033 (US$M)
China Electric Last Mile Delivery Vehicle Market Outlook Share, 2024 & 2033 (US$M)
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