January 3, 2024

Electric trucks should shake off setbacks in 2024

Meaningful volume growth eluded heavy-duty electric trucks last year for several reasons: Charging infrastructure lagged; recalls for battery fires delayed getting many trucks on the road; and money problems imperiled two battery makers.   

The news wasn’t all bad, however. Real estate developers invested in and began building electric charging depots. Single-charge driving range improved for early Class 8 electric offerings from two legacy OEMs. A battery-making startup focused on lithium-iron phosphate chemistry achieved more than 600 miles on a single charge, albeit in a passenger vehicle.