Orange EV Dominates Heavy-Duty Electric Market
Where is the global electric truck market heading? A recent Trucks.com article summarized findings from Interact Analysis, a British analyst firm. Article highlights: “Smaller, independent truck electrification specialists such as Orange EV…dominate the market now with…heavy-duty models.” “…the electric truck market this year will begin a multiyear run of double-digit increases…” “Awareness in the trucking industry that electrification can reduce fuel and maintenance costs also is increasing…” Cost savings are real and well-documented. Orange EV fleets at moderate use sites report saving $20,000-$40,000 per truck annually in fuel and maintenance alone; $50,000-$60,000 in heavier-use operations. Fleets also avoid Tier 4 [...]