Electric Revolution for Heavy Commercial Vehicles
Electrification in heavy commercial vehicles expected to rise with decent pace in the coming years
The automotive industry is moving towards electrification. In addition to the electrification in light vehicles, manufacturers are also focusing on heavy commercial vehicles’ electrification. Some of the factors driving the electric heavy commercial vehicle market are total cost of ownership in comparison to diesels and alternative powertrains in the near term, cost competitiveness and availability of electric vehicle technology, and support of governments for electric vehicles. As in electrification of light vehicles, heavy commercial vehicle electrification also has some restraints. These include lack of end user knowledge, lack of training among the dealers and employees, charging infrastructure, and new supply chain management and production volume.
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