Interest in Electric Trucks Accelerated by GHG-2, SuperTruck II Funding



Following a quarter heavily focused on automated manual transmissions, the attention in Q3/17 has been directed to electric power, as noted in the N.A. On-highway CV Engine Outlook by ACT Research and Rhein Associates.

The outlook is designed to present historical trends, current activity and forecasts of engine demand in on-highway commercial vehicles. The report analyzes significant trends in engine displacement, engine type (diesel, gasoline, natural gas and other), captive versus non-captive engines and premium versus non-premium power for Class 8 vehicles.

Three different companies have recently made significant announcements in the electric vehicle industry. Chanje, a California-based commercial EV and energy solutions company, is poised to bring meaningful advancements to the medium duty vehicle segment, providing commercial all-electric vehicle transportation options at a previously unavailable scale and price.

“Chanje will introduce a commercial all-electric MD vehicle in Q4/17, available at mass scale in the U.S.,” said Tom Rhein, president of Rhein Associates. “The vans reportedly already have volume orders and have been designed from the ground up as a purpose-built, long-life EV truck.”

Motiv Power Systems announced that the City of Sacramento, CA will receive shipment of its first all-electric automated left-side loader garbage truck around the first of the year. The fundamental technology powering the electric refuse vehicle (ERV) is the all-electric powertrain by Motiv.

“The Class 8 vehicle will be built on a Crane Carrier chassis, and the body will be built by Loadmaster,” Rhein said.

The Sacramento ERV will be one of only two all-electric refuse trucks in operation within North America, both powered by Motiv. The other is in Chicago.

Cummins stunned the trucking industry with the launch of its own new and fully electric Class 7 daycab tractor, dubbed the Urban Hauler EV, a prototype model for demonstration purposes only. Cummins plans to start production of electric powertrains for transit buses in cities around the world in 2019, according to a conference call with Cummins executives and reported by Reuters.

“Company executives said that more industrial and commercial uses will follow in the years to come, especially as the battery range for EVs increases,” Rhein said.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com