Comprehensive Overview of United States Electric Pick-up Trucks Market Trends: 2025-2033

United States Electric Pick-up Trucks Market by Fuel Category (BEV, HEV, PHEV), by United States Forecast 2025-2033

Jul 19 2025
Base Year: 2024

197 Pages
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Comprehensive Overview of United States Electric Pick-up Trucks Market Trends: 2025-2033


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Key Insights

The United States electric pick-up truck market is experiencing robust growth, driven by increasing environmental concerns, government incentives promoting electric vehicle adoption, and advancements in battery technology leading to longer ranges and faster charging times. The market, valued at approximately $5 billion in 2025, is projected to exhibit a compound annual growth rate (CAGR) of 10.55% from 2025 to 2033. This growth is fueled by a rising consumer preference for sustainable transportation solutions and the introduction of increasingly competitive models from established and emerging automakers. Key segments within the market include Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), and Plug-in Hybrid Electric Vehicles (PHEVs), with BEVs expected to dominate market share in the coming years due to their zero-tailpipe emissions and improved performance characteristics. Leading players like Ford, Rivian, General Motors, and emerging companies like Mullen Automotive and Lordstown Motors are actively vying for market dominance, leading to intense innovation and competition. However, challenges remain, including the relatively high initial purchase price of electric pick-up trucks compared to their gasoline counterparts, limited charging infrastructure in certain regions, and concerns about range anxiety among consumers.

Despite these restraints, the long-term outlook for the US electric pick-up truck market remains positive. Continued technological advancements, falling battery costs, and expanding charging networks are expected to further accelerate market expansion. Government regulations promoting electric vehicle adoption, coupled with growing consumer awareness of environmental sustainability, will play a significant role in shaping the market landscape. The increasing availability of diverse models catering to various consumer needs and preferences—from work trucks to luxury models—will also contribute to market growth. The strategic investments by major automakers and the emergence of innovative technologies promise a dynamic and rapidly evolving market over the forecast period.

United States Electric Pick-up Trucks Market Research Report - Market Size, Growth & Forecast

United States Electric Pick-up Trucks Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the United States electric pick-up truck market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. Covering the period 2019-2033, with a focus on the 2025-2033 forecast, this report meticulously examines market dynamics, competitive landscapes, and future growth potential. The study incorporates detailed segmentation by fuel category (BEV, HEV, PHEV) and leverages robust data analysis to deliver actionable intelligence.

United States Electric Pick-up Trucks Market Market Concentration & Innovation

This section analyzes the market concentration, innovation drivers, and regulatory landscape of the US electric pick-up truck market. We examine market share dynamics, highlighting the competitive intensity and the roles of key players like Ford Motor Company, General Motors Company, Rivian Automotive Inc, and Toyota Motor Corporation. The report also explores the impact of mergers and acquisitions (M&A), including deal values and their influence on market consolidation. Innovation drivers, such as advancements in battery technology, charging infrastructure development, and government incentives, are thoroughly assessed. Regulatory frameworks, including emission standards and tax credits, are analyzed to understand their impact on market growth. The influence of product substitutes (e.g., conventional pick-up trucks) and evolving end-user trends are also examined. We quantify market share for key players and provide a detailed analysis of M&A activity, including xx Million in deal values during the 2019-2024 period.

United States Electric Pick-up Trucks Market Industry Trends & Insights

This section delves into the key trends shaping the US electric pick-up truck market. We analyze market growth drivers, such as increasing environmental concerns, government regulations promoting electric vehicles, and technological advancements enhancing battery range and performance. The report also explores technological disruptions, including the introduction of new battery chemistries, autonomous driving features, and improved charging technologies. Consumer preferences are examined, focusing on factors like price sensitivity, range anxiety, and desired features. Competitive dynamics are analyzed, considering factors like pricing strategies, product differentiation, and marketing efforts. The report projects a Compound Annual Growth Rate (CAGR) of xx% for the forecast period (2025-2033) and estimates market penetration to reach xx% by 2033.

United States Electric Pick-up Trucks Market Growth

Dominant Markets & Segments in United States Electric Pick-up Trucks Market

This section identifies the leading segments and regions within the US electric pick-up truck market. Currently, the BEV segment is expected to dominate the market due to increasing consumer preference for fully electric vehicles and supportive government policies.

  • Key Drivers for BEV Segment Dominance:
    • Stringent emission regulations
    • Increasing availability of charging infrastructure
    • Government incentives and subsidies
    • Technological advancements leading to longer ranges and improved performance

The report provides a detailed analysis of the factors contributing to the dominance of this segment, including economic policies, infrastructure development, and consumer preferences. A detailed regional breakdown, assessing state-level variations in adoption rates and market characteristics, is also provided.

United States Electric Pick-up Trucks Market Product Developments

Recent product innovations focus on enhancing battery technology, range, charging speed, and incorporating advanced driver-assistance systems (ADAS). Competition centers around offering superior performance, features, and affordability, adapting to the evolving demands of a rapidly changing consumer landscape. This constant innovation is driving market growth and shaping future trends in the sector.

Report Scope & Segmentation Analysis

The report segments the US electric pick-up truck market by fuel category:

  • BEV (Battery Electric Vehicle): This segment is projected to experience significant growth, driven by advancements in battery technology and increasing consumer demand for zero-emission vehicles. Market size is estimated at xx Million in 2025 and is expected to reach xx Million by 2033. Competitive dynamics are intense, with major players vying for market share.

  • HEV (Hybrid Electric Vehicle): This segment represents a transitional phase toward full electrification. Market size is estimated at xx Million in 2025 and is projected to grow to xx Million by 2033. Growth is expected to be moderate compared to BEV.

  • PHEV (Plug-in Hybrid Electric Vehicle): This segment offers a blend of electric and gasoline power, providing flexibility to consumers. Market size is estimated at xx Million in 2025 and is projected to reach xx Million by 2033. Growth will depend on consumer preference and technological advancements.

Key Drivers of United States Electric Pick-up Trucks Market Growth

Several factors are driving the growth of the US electric pick-up truck market. Government incentives, such as tax credits and rebates, encourage adoption. Technological advancements, like improved battery technology and faster charging times, address consumer concerns. Rising environmental awareness and stricter emission regulations are also pushing the transition to electric vehicles.

Challenges in the United States Electric Pick-up Trucks Market Sector

Challenges include the high initial cost of electric pick-up trucks, limited charging infrastructure in certain areas, and concerns about range anxiety. Supply chain disruptions impacting battery production and the availability of crucial components pose additional hurdles. Intense competition among established and new entrants further complicates market dynamics.

Emerging Opportunities in United States Electric Pick-up Trucks Market

Emerging opportunities lie in the development of more affordable electric pick-up trucks, expansion of charging infrastructure, and the integration of smart technologies like vehicle-to-grid (V2G) capabilities. Growing demand in rural areas and the potential for fleet adoption present further opportunities.

Leading Players in the United States Electric Pick-up Trucks Market Market

  • Mullen Automotive Inc (Bollinger Motors Inc)
  • Ram Trucking Inc
  • General Motors Company
  • Lordstown Motors
  • Canoo Inc
  • Rivian Automotive Inc
  • Ford Motor Company
  • Toyota Motor Corporation

Key Developments in United States Electric Pick-up Trucks Market Industry

  • January 2023: Ford announces increased production capacity for its F-150 Lightning electric pick-up truck.
  • March 2023: Rivian secures a significant order for its electric trucks from a major fleet operator.
  • June 2023: General Motors unveils a new electric pick-up truck with enhanced range and features.
  • September 2023: New federal incentives are announced to boost electric vehicle adoption. (Further developments to be added as they occur).

Strategic Outlook for United States Electric Pick-up Trucks Market Market

The US electric pick-up truck market is poised for substantial growth, driven by technological advancements, supportive government policies, and rising consumer demand. The market’s future depends on addressing challenges like affordability and charging infrastructure while capitalizing on emerging opportunities in smart technologies and fleet applications. Continued innovation and strategic partnerships will be crucial for success in this dynamic and rapidly expanding sector.

United States Electric Pick-up Trucks Market Segmentation

  • 1. Fuel Category
    • 1.1. BEV
    • 1.2. HEV
    • 1.3. PHEV

United States Electric Pick-up Trucks Market Segmentation By Geography

  • 1. United States
United States Electric Pick-up Trucks Market Regional Share


United States Electric Pick-up Trucks Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 10.55% from 2019-2033
Segmentation
    • By Fuel Category
      • BEV
      • HEV
      • PHEV
  • By Geography
    • United States


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Travel and Tourism Industry is Driving the Car Rental Market
      • 3.3. Market Restrains
        • 3.3.1. Increasing Popularity of Ride-Sharing Services Pose Challenges for the Conventional Car Rental Market
      • 3.4. Market Trends
        • 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. United States Electric Pick-up Trucks Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Fuel Category
      • 5.1.1. BEV
      • 5.1.2. HEV
      • 5.1.3. PHEV
    • 5.2. Market Analysis, Insights and Forecast - by Region
      • 5.2.1. United States
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 MULLEN AUTOMOTIVE INC (BOLLINGER MOTORS INC)
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Ram Trucking Inc
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 General Motors Company
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Lordstown Motors
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Canoo Inc
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Rivian Automotive Inc
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Ford Motor Company
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Toyota Motor Corporatio
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: United States Electric Pick-up Trucks Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: United States Electric Pick-up Trucks Market Share (%) by Company 2024

List of Tables

  1. Table 1: United States Electric Pick-up Trucks Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: United States Electric Pick-up Trucks Market Revenue Million Forecast, by Fuel Category 2019 & 2032
  3. Table 3: United States Electric Pick-up Trucks Market Revenue Million Forecast, by Region 2019 & 2032
  4. Table 4: United States Electric Pick-up Trucks Market Revenue Million Forecast, by Fuel Category 2019 & 2032
  5. Table 5: United States Electric Pick-up Trucks Market Revenue Million Forecast, by Country 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the United States Electric Pick-up Trucks Market?

The projected CAGR is approximately 10.55%.

2. Which companies are prominent players in the United States Electric Pick-up Trucks Market?

Key companies in the market include MULLEN AUTOMOTIVE INC (BOLLINGER MOTORS INC), Ram Trucking Inc, General Motors Company, Lordstown Motors, Canoo Inc, Rivian Automotive Inc, Ford Motor Company, Toyota Motor Corporatio.

3. What are the main segments of the United States Electric Pick-up Trucks Market?

The market segments include Fuel Category.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Growing Travel and Tourism Industry is Driving the Car Rental Market.

6. What are the notable trends driving market growth?

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

7. Are there any restraints impacting market growth?

Increasing Popularity of Ride-Sharing Services Pose Challenges for the Conventional Car Rental Market.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "United States Electric Pick-up Trucks Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the United States Electric Pick-up Trucks Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the United States Electric Pick-up Trucks Market?

To stay informed about further developments, trends, and reports in the United States Electric Pick-up Trucks Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

About Research Axiom

Research Axiom delivers in-depth market research, industry analysis, and consulting for pharmaceuticals, automotive, IT, and consumer goods. Our reports provide the clarity you need to make informed decisions and drive innovation.

Our team combines primary research, advanced analytics, and sector expertise to deliver actionable intelligence. We offer syndicated reports, custom research, and consulting services tailored to your business needs.

At Research Axiom, we are committed to quality, transparency, and client satisfaction. Every report is rigorously validated to ensure accuracy and relevance. Our global perspective and local expertise help you understand both the big picture and the finer details of your market.

Stay informed with Research Axiom. Subscribe to our newsletter for the latest updates and research highlights, and follow us on social media for real-time insights. Research Axiom – Turning Data into Business Advantage.

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Used Car Market in Italy Market’s Evolutionary Trends 2025-2033

The size of the Used Car Market in Italy market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 9.00% during the forecast period.

September 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Automotive Dashboard Market Future Pathways: Strategic Insights to 2033

Explore the dynamic Automotive Dashboard Market, driven by advanced tech and evolving vehicle types. Forecasted to exceed \$70 billion by 2033 with strong CAGR, this analysis covers key drivers, trends, and regional growth in the automotive interior sector.

September 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Asia-Pacific E-bike Market Growth Pathways: Strategic Analysis and Forecasts 2025-2033

Discover the booming Asia-Pacific e-bike market! This comprehensive analysis reveals key trends, drivers, and challenges, including insights into regional market share, leading companies (Cannondale, Hero Cycles, Yadea), and future growth projections (2025-2033). Learn about the impact of lithium-ion batteries and government initiatives on this expanding sector.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

ASEAN EV Market Market’s Growth Catalysts

Discover the booming ASEAN electric vehicle (EV) market. This analysis reveals a CAGR of 25-30%, driven by government policies and consumer demand. Explore key players, market segments (BEV, PHEV, FCEV), and regional growth projections for 2025-2033. Learn about the opportunities and challenges in this rapidly expanding sector.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Regional Growth Projections for Middle East Refrigerated Truck Market Industry

Discover the booming Middle East refrigerated truck market! This comprehensive analysis reveals a $840 million market in 2025, projected to grow at a 4.6% CAGR until 2033, driven by e-commerce, food & beverage expansion, and pharmaceutical logistics. Learn about key players, regional trends, and growth opportunities in the UAE, Saudi Arabia, and beyond.

August 2025
Base Year: 2024
No Of Pages: 210
Price: $4750

South America Electric Bus Battery Pack Market Size, Share, and Growth Report: In-Depth Analysis and Forecast to 2033

Discover the booming South American electric bus battery pack market. This comprehensive analysis reveals key trends, forecasts (2025-2033), regional breakdowns (Brazil, Argentina), and growth drivers influencing this dynamic sector. Learn about battery chemistries, form factors, and leading companies shaping the future of sustainable transportation in South America.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Indian EV Industry Consumer Trends: Insights and Forecasts 2025-2033

Discover the booming Indian EV market! This comprehensive analysis reveals key trends, growth drivers, market size projections (CAGR >15%), and leading companies shaping the future of electric mobility in India. Explore regional insights and segment breakdowns for 2019-2033.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Netherlands E-bike Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

Discover the booming Netherlands e-bike market! This analysis reveals a CAGR of 24.50% and projects significant growth to 2033, driven by sustainable transport trends and innovative e-bike technology. Explore market segments, key players, and future opportunities.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

North America Vehicles Tolling Systems Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

The North America Vehicle Tolling Systems Market is booming, driven by infrastructure development and the rise of electronic toll collection (ETC). Discover key trends, market size projections to 2033, leading companies, and regional insights in this comprehensive market analysis.

August 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Strategic Planning for Telematics in Automotive Market Industry Expansion

The automotive telematics market is booming, projected to reach \$28.44B in 2025 and grow at a CAGR >15.30% through 2033. Discover key trends, drivers, and major players shaping this dynamic sector, including infotainment, fleet management, and safety solutions. Explore regional market share and future growth predictions.

August 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Germany Automotive Carbon Fiber Composites Market Navigating Dynamics Comprehensive Analysis and Forecasts 2025-2033

Discover the booming Germany Automotive Carbon Fiber Composites Market! This in-depth analysis reveals a €4.5B market in 2025, projected to reach significant value by 2033 with a 14.98% CAGR. Explore key drivers, trends, restraints, and regional breakdowns. Learn about leading players like Teijin, Toray, and BASF.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Emerging Opportunities in Italy Automotive Composites Market Market

Discover the booming Italy automotive composites market! Explore its €350 million valuation, projected 6%+ CAGR, key drivers (lightweighting, EVs), and leading companies. Understand market segmentation, trends, and future growth potential.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Navigating Automotive Air Purifier Market Market Growth 2025-2033

The automotive air purifier market is booming, projected to reach $XX million by 2033, driven by rising air pollution concerns and technological advancements in HEPA, activated carbon, and ionic filters. Explore market trends, key players (Honeywell, Denso, 3M), and regional insights in this comprehensive analysis.

August 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

EV Battery Systems Market in Europe Navigating Dynamics Comprehensive Analysis and Forecasts 2025-2033

Discover the booming European EV Battery Systems market! Explore key trends, leading companies (Northvolt, LG Chem, BYD), and a CAGR exceeding 15% in this comprehensive market analysis covering Li-ion and Lead-acid batteries for passenger and commercial vehicles. Project your growth strategy with our insightful forecast to 2033.

August 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Exploring Barriers in Europe Automotive Thermoplastic Polymer Composite Industry Market: Trends and Analysis 2025-2033

The European automotive thermoplastic polymer composite market is booming, with a CAGR exceeding 6%. This in-depth analysis explores market size, key drivers (lightweighting, EVs), trends, restraints, segments (injection molding, structural assembly), leading companies (Dupont, Daicel), and regional data (Germany, France, UK). Discover future growth projections to 2033.

August 2025
Base Year: 2024
No Of Pages: 210
Price: $4750

Automotive and Transportation Connector Market Dynamics and Forecasts: 2025-2033 Strategic Insights

Discover the booming Automotive & Transportation Connector Market! Explore key trends, leading companies, and regional growth projections to 2033. Learn about the impact of electric vehicles, autonomous driving, and ADAS on this multi-billion dollar market. Get insights into market size, CAGR, and segmentation analysis.

August 2025
Base Year: 2024
No Of Pages: 234
Price: $4750
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