Navigant: New market seen for electric trucks in long-haul freight applications

Tuesday April 16, 2019 0 comments Tags: Boulder, Navigant Research, electric trucks, William Drier

BOULDER -- Electric heavy duty long-haul trucks are gaining acceptance by carriers looking to cut costs and reduce emissions, according to a new report from Navigant Research.NavigantNEWlogoUSE

Electrification has been moving swiftly through the commercial vehicle market, the report notes. Established suppliers and manufacturers, in addition to startups, are already commercializing medium and heavy duty electric trucks and are working toward solutions for long-haul freight applications.

And while the development of eHD trucks for long-haul freight applications is still relatively nascent, several companies are looking to be the first to break through, according to Navigant.

“Many factors are driving the electrification of long-haul HD trucks, including efforts around the globe to reduce carbon emissions as well as the opportunity for fleet owners to expand their margin with lower operating costs,” said William Drier, Navigant research analyst.

“While market players are working to design e-trucks and the charging infrastructure systems needed to support long-haul vehicles, long-haul is a very demanding application and poses many significant challenges to electrification, primarily a comprehensive recharging network.”

According to the report, electric long-haul solutions must net a convenience advantage over diesel and other alternative fuels. To advance the market, Navigant Research recommends manufacturers partner with infrastructure developers or charging point operators as infrastructure solutions are developed.

The industry should also work to identify and pursue cost-sharing strategies to build out a comprehensive charging network capable of supporting long-haul e-trucks, the report notes.

The report, Electrifying HD Trucks for Long-Haul Freight, analyzes the current state of the eHD long-haul truck market. It provides an overview of the new and established key players operating in the market.

The report also explores the potential opportunities for growth and the barriers to adoption of eHD trucks. Additionally, the report examines how existing market alternatives to electrification may influence the future of the market.

Recommendations are also provided on how suppliers and manufacturers can take advantage of any coming market disruptions.

An Executive Summary of the report is available for free download on the Navigant Research website.