Posted on August 16, 2021
Electric trucks, both full-size and mid-size, are becoming more and more prevalent on the road today. Green Tech Media states that there are about 2,000 mid-size and full-size electric trucks on the road right now. However, an analysis run by their research team estimates there could be up to 54,000 trucks on the road by 2025. Tesla is at the forefront of this expedition and is expected to finish production on their first line of all electric trucks by the end of the year. However, there are only expected to be about 15 trucks ready to completion, with more to come in the years ahead. There are a slew of other companies chomping at the bit, eager to enter this emerging untapped market including Arrival, BYD, Daimler Trucks, Ford, Nikola Motors, Rivian, Volvo, and Workhorse. One of the biggest difficulties companies are having is figuring out how to produce them to be more cost-efficient that the classic diesel-run engine. Green Tech Media estimates that the E-truck might only save companies 2%. Companies’ savings would mostly come from fuel prices and maintenance costs, however, spending a larger percentage of their operating costs upfront and on infrastructure i.e., creating charging stations specifically designed for trucks. The other big hurdle the companies face is creating a truck that will be able to go longer distances without having to take a significant amount of time to stop and charge back up. As technology increases, one thing is for sure, having more and more electronic vehicles on the road is much better for the environment.
Contributor: Andrew Weston
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