Here's why transportation leaders including Daimler and Volkswagen are pouring billions into R&D for electric trucks (UPS, DMLRY, BUD, OTC, TSLA, FDX, VWAPY, PEP)

This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here.

Trucking, which can be perceived as the lifeblood of global economies, has experienced healthy growth in recent years due in part to surging e-commerce shipments. In the US alone, trucking accounted for over $700 billion in revenue, representing a 3.5% increase year-over-year (YoY).

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