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According to Growth Market Reports, the global megawatt charging connector market size reached USD 420 million in 2025.
The Megawatt Charging Connector Market is projected to surpass USD 5.1 billion by 2034, driven by the rapid adoption of electric trucks, buses, and high-power commercial EV charging infrastructure. As demand for ultra-fast charging grows, megawatt charging technology is set to play a pivotal role in enabling long-haul, zero-emission transportation.
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Electric trucks market grows rapidly with battery innovation, zero-emission transport, and rising commercial fleet adoption.
The global electric trucks market is witnessing rapid growth as governments, fleet operators, and manufacturers accelerate the transition to zero-emission commercial transportation. Advances in battery technology, expanding charging infrastructure, and supportive policies are driving adoption, making electric trucks a key pillar of the future logistics ecosystem.
Montra Electric, flagged off the first batch of its Rhino 5538 EV heavy-duty electric trucks from its state-of-the-art manufacturing facilit
Montra Electric continues to accelerate the shift toward sustainable commercial transportation by flagging off 65 heavy-duty electric trucks as part of a major fleet deployment. This milestone underscores the growing adoption of zero-emission logistics solutions, helping businesses reduce operating costs and carbon emissions while advancing India's clean mobility goals.
“India’s heavy freight ecosystem has reached an important inflection point. Customers today are making electric trucks a part of their mainstream logistics operations rather than evaluating them through limited pilots. This shift is driving commercial-scale production at our Manesar facility, and we are proud to be supporting leading enterprises with products that combine performance, reliability and sustainability. Our focus remains on building an ecosystem that enables customers to transition confidently towards zero-emission freight.” said, Jalaj Hariiom Gupta, Managing Director, Montra Electric.
Switch Mobility partners with Drivn to expand commercial EV leasing in India, making electric fleet adoption more affordable and accessible
Switch Mobility has partnered with Drivn to expand commercial EV leasing nationwide, making electric mobility more accessible for businesses looking to transition to sustainable transportation. The collaboration is expected to accelerate fleet electrification by offering flexible leasing solutions that reduce upfront costs and simplify EV adoption.
EMO Energy has announced its expansion into the Heavy Commercial Vehicle (HCV) segment with an intelligent battery platform designed.
EMO.energy is expanding into the heavy commercial EV segment, bringing its advanced battery technology and energy solutions to one of the most demanding sectors of transportation. As logistics, freight, and fleet operators accelerate their transition toward sustainable mobility, reliable and high-performance energy systems will be critical to enabling large-scale adoption.
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Raptee.HV, has officially commenced large-scale customer deliveries of its motorcycle, T30, This milestone marks the culmination of over 7 y
Raptee.HV as they commence large-scale customer deliveries with a clear focus on elevating the overall ownership experience. By prioritizing reliability, service excellence and customer satisfaction, Raptee is setting a strong foundation for EV adoption in the commercial segment and reinforcing the importance of user-centric execution as the electric mobility revolution accelerates.
Montra Electric, has made history by becoming India’s first manufacturer to receive PM E-DRIVE certification for a heavy-duty electric truck
Montra Electric has delivered a PM E-DRIVE certified Rhino EV to UltraTech, marking a key milestone in commercial electric vehicle adoption and demonstrating how strategic collaborations and government-backed certification programs are accelerating deployment of clean transport solutions for heavy-duty applications — a strong win for sustainable logistics and India’s EV ecosystem.
CATL has introduced the world’s first mass-produced sodium-ion battery specifically developed for vans and light commercial vehicles.
#CATL has unveiled the industry’s first mass-produced sodium-ion battery designed for vans and light commercial vehicles, marking a significant shift in EV battery technology with enhanced performance in extreme cold, lower reliance on lithium resources, and strong potential for commercial fleet electrification — a step forward in diversifying energy storage solutions and accelerating sustainable mobility.
