The electric truck revolution is happening, but scaling will take some time. The primary challenge to increasing the uptake of electric fleets is the need for viable technology to address longer journeys and heavier loads. However, more robust regulation and stronger industry collaboration can help overcome the infrastructure and cost parity hurdles.
Electrification is one of the leading solutions to decarbonise much of the world’s transport, but heavy-duty fleets have always been a slight outlier due to the difficulties involved in developing technology that can meet its requirements. Original equipment manufacturers (OEMs) have helped get electric trucks on the road, and now the focus should shift to the next innovations, regulations, and collaborations that will help keep them there.
Achieving cost parity between battery-electric trucks and their diesel counterparts will be complex, and a total cost of ownership approach is vital.
The shift to EVs will not happen overnight, but it is, in fact, happening; and a conducive policy environment is necessary to scale these innovations.
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