Transport and Mobility

  1. Transport and Mobility

What to know We have seen greater adoption of electric cars in recent years as the technology has advanced and costs reduce, but how has this progressed for heavy duty trucks within the US? The opportunity arises when medium to heavy duty vehicles account for 26% of GHG emissions in the transport sector. This is clearly recognised by major truck manufacturers like Daimler, Freightliner, Volvo, Toyota, Schneider and Tesla all in the race to be market leaders.

There are about 4,000 electric trucks on the road, with the expectation of increasing to 48,000 by 2025. However, the rate of adoption is still met with its challenges like limited range, lack of working charging stations and high upfront costs.

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