Australia Electric Truck Market Size, Share, Report 2025-2033

Market Overview

The Australia electric truck market size was valued at USD 17.1 Million in 2024 and is anticipated to reach USD 133.0 Million by 2033. This growth is driven by stringent government emissions regulations, rising fuel costs, advancements in battery technology, expansion of EV charging infrastructure, and increasing investments in electrifying logistics fleets. The forecast period for this market spans from 2025 to 2033, with a compound annual growth rate of 25.64%.

How AI is Reshaping the Future of Australia Electric Truck Market

• AI facilitates optimized route planning, reducing energy consumption and operational costs, enhancing the adoption of electric trucks.
• Intelligent battery management powered by AI improves battery life and charging efficiency, supporting advancements in battery technology.
• AI-enabled predictive maintenance reduces downtime, increasing reliability and fleet utilization in logistics and transportation sectors.
• Government schemes promoting electric vehicle infrastructure benefit from AI-driven analytics to strategically deploy charging stations.
• Companies like Centurion are integrating intelligent energy storage and renewable energy systems, supported by AI, to power electric truck fleets.
• AI-powered digital fleet management enhances monitoring and compliance with environmental regulations, boosting corporate sustainability efforts.

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Market Growth Factors

Australian government emissions and climate policy also incentivize electric truck ownership: both federal and state governments intend to reduce the upfront cost of electric trucks via rebates, tax breaks and fringe benefits tax exemptions. There are also exemptions of customs duty for eligible electric trucks. Higher luxury car taxes for fuel efficient cars may also drive uptake. Low emissions zones in cities that are enforced may cause electric trucks for city logistics and last-mile delivery. Targeting organizational fleet transition planning, along with pilot programs and financial incentives, could allow both public and private logistics operators to transition away from diesel trucks and increase market growth.

Rising diesel prices mean higher operating costs for fleet and logistics operators. Electric trucks provide reduced energy costs and more stable costs over the long term due to reduced exposure to diesel price fluctuations. This economic argument has particular appeal to large logistics networks and freight companies, and large delivery firms who are trying to protect narrow profit margins in a volatile fuel market. They want a green electricity-powered option which meets regulation and saves them money on their energy bills.

Another factor that drives growth is that logistics, retail and e-commerce companies are moving towards corporate sustainability as they face pressure to meet higher ESG requirements. Electric trucks are adopted in order to achieve a lower carbon footprint, which improves corporate sustainability. Electrification goes beyond compliance with legislation to green the company's reputation, attract climate-conscious customers, and create the opportunity to collaborate with others to develop low-emission global supply chains. Electric trucks also play a key role in future-proofing a decarbonizing fleet, and can be a strong part of a businesses' green credentials.

Australia Electric Truck Market Segmentation

Vehicle Type Insights:

• Light-duty Truck
• Medium-duty Truck
• Heavy-duty Truck
• Propulsion Insights:
• Battery Electric Truck
• Hybrid Electric Truck
• Plug-in Hybrid Electric Truck
• Fuel Cell Electric Truck

Range Insights:

• 0-150 Miles
• 151-300 Miles
• Above 300 Miles

Application Insights:

• Logistics
• Municipal
• Construction
• Mining
• Others

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

Key Players

• Centurion
• Mercedes-Benz

Recent Development & News

• March 2025: Centurion announced the deployment of 20 Mercedes-Benz eActros 300 electric trucks in the Perth metropolitan area, supported by a 10 MWh battery energy storage system and a 4.4 MW rooftop solar array at the Hazelmere depot. This initiative is part of a USD 29 Million project funded by the Australian Renewable Energy Agency’s Future Fuels Program.
• February 2025: The Australian Government launched a USD 2.4 Million project to enhance EV charging infrastructure, including the installation of 500 charging ports and 250 kerbside chargers across South Australia, Victoria, and New South Wales. This effort, supported by the Australian Renewable Energy Agency (ARENA), aims to reduce emissions and promote EV adoption in regional and urban areas.
• March 2025: Strengthened partnerships between energy providers and truck manufacturers have accelerated the rollout of fast-charging networks along major highways and logistics hubs, significantly improving electric truck accessibility and operational efficiency, thereby encouraging fleet electrification in Australia.

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