Why Electric Truck Sales Are Accelerating Quickly
bloomberg.com
bloomberg.com
If you don't live where you park with access to low-cost charging, electric trucks may cost a new buyer a lot more than they expect.
The #1 thing people express interest in when I pull up in electric is the cost savings. Maintenance savings are significant, but fast charging is about the same as gasoline in my area.
Fast charging is more expensive than residential charging because of the infrastructure and distribution costs to deliver ~300kw of power continuously for 10-25 minutes; on site battery storage can mitigate some of this cost (“peak shaving”).
(I charge at home, but have fast charged 100k+ miles across the US on Superchargers on an older Model S)
This is why I said "If you don't live where you park with access to low-cost charging"
> Fast charging is more expensive than [...]
... gasoline, often.
Which surprises people when I mention this, as they've been told electric is cheaper. A lot of truck owners don't own the place they call home.
Still early days in the mobility energy transition (both light and heavy vehicles), so I think there’s a lot of room for electric TCO costs to decline.
(family member was a truck driver for most of their life, so familiar with the operating models)