Top 5 Europe Electric Truck Companies
Scania AB
Renault Trucks
Daimler Trucks AG
MAN Truck and Bus
AB Volvo
Source: Mordor Intelligence
Europe Electric Truck Companies Matrix by Mordor Intelligence
Our comprehensive proprietary performance metrics of key Europe Electric Truck players beyond traditional revenue and ranking measures
The MI Matrix may not align with familiar rankings because it rewards deliverability, service coverage, and credible scaling signals, not just historical sales totals. It also reflects how quickly each company can translate EU policy pressure into deployed vehicles and supported operations. The May 2024 EU heavy duty CO standards update raises the cost of delay, so charging readiness and uptime support become board level issues. Fleet buyers often ask two practical questions first: can the supplier deliver trucks within a predictable window, and can it support depot charging upgrades without delays. Another common question is whether long haul routes will be feasible, which depends on megawatt charging corridors and simple access for tractor trailer combinations. The MI Matrix by Mordor Intelligence is therefore better for supplier and competitor evaluation than revenue tables alone.
MI Competitive Matrix for Europe Electric Truck
The MI Matrix benchmarks top Europe Electric Truck Companies on dual axes of Impact and Execution Scale.
Analysis of Europe Electric Truck Companies and Quadrants in the MI Competitive Matrix
Comprehensive positioning breakdown
AB Volvo
Registrations momentum remains the clearest signal in Europe, and Volvo Trucks highlighted 1,970 heavy electric truck registrations in 2024. The Sweden based truck OEM has broad dealer coverage and benefits from stricter EU heavy duty CO2 standards adopted in May 2024 that raise compliance pressure on fleets. This leading player also secured a large Holcim commitment for up to 1,000 electric trucks through 2030, which supports scale learning and service readiness. If megawatt charging corridors open on time, Volvo can push deeper into long haul, but grid delays at depots remain a practical risk.
Daimler Truck AG (Mercedes-Benz Trucks)
Order conversion is improving, and Daimler Truck cited about 2,000 eActros 600 orders since sales opened. The Germany anchored OEM sits well with the May 2024 EU CO2 rule update, because it makes long distance electrification less optional for large fleets. The company, a major player, is also widening the charging offer, including a semi public network plan and pilots under TruckCharge in 2025. If public truck charging stays uneven, Daimler's depot led approach can still win, yet it increases exposure to customer site permitting and utility lead times.
Scania AB
Battery and powertrain control is becoming a strategic lever, and Scania moved to buy Northvolt's industrial battery pack unit in 2025. The Sweden headquartered brand also pointed to real duty cycle use cases in Germany, including an all electric car transporter placed into service during 2023. Scania, a top manufacturer, can benefit from the May 2024 EU CO2 standards update, which rewards OEMs that can validate performance beyond city routes. If battery supply volatility persists, Scania's integration push can help, but it adds execution risk in Poland based operations.
Renault Trucks
Industrialization is no longer theoretical, since Renault Trucks began series production of E Tech T and C at Bourg en Bresse in November 2023. The France based OEM also set expectations for a 600 km E Tech T variant with orders opening in the second half of 2025. Renault Trucks, a major player, should gain from the May 2024 EU CO2 standards update, because it pushes regional and urban fleets to move earlier. If electricity connection queues slow depot builds, Renault's breadth helps, but heavy duty uptime still depends on local service staffing depth.
IVECO Group N.V.
Credible long haul positioning requires more than prototypes, and Iveco unveiled the S eWay Artic with a 603 kWh LFP battery setup in 2025. The Italy headquartered group also delivered two S eWay fuel cell trucks to BMW within the H2Haul project during February 2025. The ICCT tracker provided an important signal, showing the eDaily led light and medium zero emission truck registrations in Q3 2024. If hydrogen corridors do not scale, Iveco's multi energy approach can still work, but it risks diluting focus.
Frequently Asked Questions
What should fleets check first when picking an electric truck provider in Europe?
Start with service coverage near your depots and along your top routes. Then verify delivery lead times and parts availability for high voltage components.
How do fleets compare battery electric versus fuel cell electric trucks for long haul use?
Battery electric fits best when charging can be planned at depots and predictable corridor stops. Fuel cell electric can help where fast refueling matters, but it depends on reliable hydrogen supply and stations.
What charging capabilities matter most for heavy trucks today?
High power DC charging that can support tractor trailer access is critical. Also check whether the truck is ready for future megawatt charging and whether software supports load management.
How should buyers evaluate total cost for electric trucks without over relying on list price?
Estimate electricity and demand charges at each depot, plus downtime risk during charging or repairs. Include expected battery warranty terms and tire and brake wear changes from regenerative braking.
Which operational risks most often derail electric truck rollouts?
Depot grid upgrades can take longer than the vehicle purchase cycle. Workshop readiness also matters because a small shortage of trained technicians can stretch repair times.
What near term trends are most likely to change supplier choices in Europe?
More corridor charging and semi public depot charging can expand long haul use cases. Stricter CO rules will also increase the value of suppliers that can deliver at scale with stable warranty support.
Methodology
Research approach and analytical framework
Used company investor materials, press rooms, and filings where available, plus named journalistic coverage and standards body updates. This approach works for public and private firms using contracts, plant milestones, and deployments. When direct financial split data was unavailable, I triangulated using registrations, production statements, and fleet rollouts. All scoring reflects Europe scoped activity only.
Europe sales and service footprint matters for cross border fleets and municipal tenders with uptime penalties.
Fleet managers favor trusted truck badges when shifting duty cycles and retraining technicians and drivers.
Registrations and deliveries indicate who is converting pilots into repeatable procurement programs.
Electric truck assembly lines, parts hubs, and certified workshops determine ramp speed and downtime risk.
New heavy duty platforms, range extensions, and charging compatibility since 2023 broaden viable routes.
Electric trucks need warranty backing, inventory, and charging support, which depends on durable funding.
