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Orange EV Dominates Heavy-Duty Electric Market, says analyst report

From Trucks.com article "Electric Truck Market Poised for Fast Growth, Says Analysis Firm"

From Trucks.com article "Electric Truck Market Poised for Fast Growth, Says Analysis Firm"

From Trucks.com article "Electric Truck Market Poised for Fast Growth, Says Analysis Firm"
From Trucks.com article “Electric Truck Market Poised for Fast Growth, Says Analysis Firm”

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 emission controls, compliance issues, and enjoy significant health and safety benefits. Commercially deployed since 2015, Orange EV’s pure-electric terminal trucks are working coast to coast, meeting the most rigorous duty cycles and 24×7 shift schedules.

Read the full article: “Electric Truck Market Poised for Fast Growth, Says Analysis Firm

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