In 2021, the market size of light commercial value was USD 480.52 billion. With an increase in last-mile connectivity, especially in the e-commerce sector, the sales of LCV vehicles will increase eventually. Thus, the market of light commercial vehicles is going to rise to USD 751.86 billion by the year 2030.
Read along further to know all about light commercial vehicle.
Light Commercial Vehicle transports light commercial goods and caters to the needs of small and medium companies. A common list of LCVs vehicles includes vans and mini-vans, utility vehicles, trucks and mini-trucks etc.
These are also known as passenger carrier vehicles, given their role in transporting vegetables, beverages, fruits and other categories of white goods. LVCs vehicles are known for carrying weight loads between 3.5 tonnes and 15 metric tonnes.
Being an important part of providing logistics solutions, LCVs vehicles have the following features:
A few examples of LCVs vehicles are:
1. Mahindra JAYO
It is a high-end LCV truck manufactured by Mahindra, a market leader. It has a high payload capacity and is embedded with a comfortable seating arrangement.
Key Specifications:
2. Tata 709g LPT
This LCV vehicle has been manufactured by aligning with the features of the LPT platform. With its excellent engine portfolio, Tata 709g has the capacity to transport heavy shipments as well.
Key Specifications:
3. Tata Ace Gold Pickup Truck
Manufactured to provide logistic solutions to its B2B customers, Tata Ace Gold Pickup Truck is one of the most efficient among the existing LCVs vehicles.
Key Specifications:
4. Tata Intro V30
Tata Intro V30 offers an excellent gradability of 37%. For attaining fuel efficiency, Intro V30 has been embedded with an Eco Switch along with a Gear Shift Advisor (GSA).
Key Specifications:
5. Ashok Leyland BADA DOST
Manufactured by integrating i-GEN6 technology
Key Specifications:
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Disclaimer: This information is added only for informative purposes and collected from different sources across the Internet. Digit Insurance is not promoting or recommending anything here. Please verify the information before making any decisions.
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