Market collaborates to accelerate electric truck rollout
Advancements in technology and increased, though uneven, political support have set the market for electric heavy-duty vehicles in motion. Prices are falling and battery performance is improving but infrastructure remains a barrier
Major manufacturers are collaborating to promote the rollout of infrastructure for electric heavy duty vehicles
EXPENSIVE TOLLS Government subsidies can help lower the initial outlay for transport operators to purchase electric trucks before costs are competitive with the diesel-powered incumbents
POWER LINES Charging infrastructure along major transport routes in Europe is lacking, particularly for heavy duty vehicles
KEY QUOTE Within a few years, we will witness a massive shift towards electrified battery driven HDVs and the share of electrified HDVs will grow much faster than what we have expected so far ...
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