The short answer is, yes, there is a gap in the EV market for trucks. However, the investment for electric trucking is not there yet. Over the last decade, electric cars have transformed from being a niche product to almost a given choice for tomorrow’s passenger.
According to ZapMap, there are now 590,000 battery-electric cars on UK roads, plus a further 430,000 plug-in hybrids. With this in mind, heavy-duty trucks are aiming to follow the same course in accordance with this trend. This is being dictated by technological advancement, monetary investments, and safety regulations.
A Look at the EV Market
According to the most recent automobile statistics, it should not come as a surprise that the market for electric vehicles is booming. Sales of electric vehicles surged by 186% in 2020, and more than one in ten new vehicles were electric in 2021, which was another record year for EVs. 137,498 brand-new electric vehicles have been sold in the UK as of September 2022. As a result, 14% of new cars sold in the UK are electric automobiles. The share of electric vehicles in the larger used car market is only increasing.
Since the latter half of the 20th century, electric trucks have been in use. But what the EV market is aiming for right now is converting the entire truck industry to ZE (zero emission) batteries. This year, the industry is seeing the first wave of economically viable electric trucks.
Electric trucks are still in their adolescence and can not yet compete with the conventional combustion engine-based alternatives. This is due to the fact that many of the zero-emission trucks now on the market are only practical for companies that operate in short-haul applications, such as pick-up and delivery.
More than 70 models of ZE trucks are anticipated to be available by 2040. Numerous fleet operators have stated their intentions to reduce carbon emissions by producing ZE trucks. In contrast to the nearly 130 models that are currently available with diesel powertrains, fleet operators in Europe and North America will have access to more than 70 different models in that year. This shows that the gap in the EV market for trucks is being addressed.
Elite Vehicle Charging
Elite Electric Vehicle Charge provides both temporary and permanent Electrical Vehicle mobile chargers for vehicles across the UK. Concentrating on providing mobile EV chargers for off-grid areas and events, and keeping up with the EV market. Ensuring our drives feel connected and do not experience range anxiety. If you want to keep up to date about everything regarding EV charging, check out our Twitter!