Battery electric, fuel cells running on green electricity or green hydrogen, and the trusty internal combustion engine have the potential to decarbonize the transport industry.
Electrifying all 12 million trucks that Americans buy annually will be a long haul, but the journey is much farther along than many people thought was possible.
In 2021, the global electric truck market size was valued at $670 million and is projected to grow by 23.5 percent between 2020 and 2030. Here are some of the companies vying for that revenue.
Electric vehicle and last-mile delivery company BrightDrop, a subsidiary of General Motors, kicked off 2022 with splashy new deals with Walmart and FedEx.
The fleet management company’s electrification guru believes EV adoption for fleet vehicles will take off in 2022, and the company is spending big to lead the charge.
Aside from the decreased maintenance associated with EV technology, fleet managers believe electric trucks will attract those that wouldn’t have otherwise been drivers.
