Fast charging essential for e-truck roll out says study
China will lead the way in the electrification of drives, accounting for 60 percent of global sales. Important factors such as the shift in policy towards electric drives, funding initiatives, the intensification of emission regulations (especially in urban areas) and rapid technological advances will lead to high sales figures worldwide.
The market researchers believe that new business models such as leasing trucks with battery packs or fuel cell stacks are gaining momentum in electric trucks. Market-related incentives and subsidies could also increase acceptance. “Europe is expected to switch to hybrid or all-electric technologies in an active attempt to meet EU climate targets,” said Chandramowli Kailasam, Mobility Team Leader at Frost & Sullivan. “In North America, on the other hand, awareness of hybrid electric technologies is expected to be lower than for natural gas drives, as restrictions on efficiency gains and charging stations will slow down adoption rates in the short term until 2020.
Strategic requirements for growth in the market for electric trucks include the development of 250kW+ ultra-fast charging and battery change systems to make refuelling comparable to average diesel filling times as well as new entrants to the market with the development of electric trucks with a range of more than 300 miles, autonomous driving functions and aerodynamic efficient design. Investments in the production of rechargeable batteries and the vertical integration of electric drives are also becoming a widespread phenomenon, while OEMs will try to maintain their technological exclusivity.
The development of all-electric trucks for the heavy-duty segment still presents the industry with major challenges, says Kailasam. He is nevertheless convinced that heavy trucks will gain a market share in certain applications, such as waste collection, as tractors, in urban parcel and delivery services and in regional transport. Plug-in hybrids and conventional hybrids will also be in demand.
Further information on the Frost & Sullivan Study: https://goo.gl/3iGbhp
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