Electric Vehicle News

New reports analyze US electric truck market and global off-highway EV market

Research and Markets has released a pair of reports that examine the two segments of the commercial EV market.

The company’s “U.S. Electric Truck Market Research Report” analyzes the current e-truck market, offers profiles of key players, and makes some forecasts for the future.

R and M expects revenue from the US electric truck market to grow at an eye-popping compound annual growth rate (CAGR) of 54%, and to exceed $15 billion by 2030.

The report finds that federal, state, and local initiatives are encouraging truck manufacturers to phase out legacy vehicles and replace them with zero-emission alternatives. Another key driver is the declining cost of batteries—R and M expects battery prices to drop to $100 per kWh by 2024.

The reports predicts that, while light-duty trucks made up over 90% of commercial vehicle sales in the US in 2021, the heavy-duty category is set to witness the fastest growth in the coming years. Trucks with a battery capacity of more than 300 kWh and range of over 500 miles will see the fastest rise in demand.

Major OEMs launching electric trucks include Chanje Energy,  Orange EV, Mitsubishi Fuso, Nikola, Tesla, Ford, GM, Workhorse Group, BYD and  Stellantis.

Another report from Research and Markets looks at the off-road market. “Off-highway Electric Vehicle Market Size, Share & Trends Analysis Report” predicts that the global off-highway EV market will reach $43 billion by 2030—a CAGR of 32%.

Companies in this space include Caterpillar, Volvo, Deere, Komatsu, Sandvik, Hitachi, Epiroc and Doosan.

“Stringent emission regulations by government agencies are driving the demand for off-highway EVs worldwide,” says R and M. “Factors such as lower noise levels and vibrations, lower overhaul cost, and improved efficiency of these vehicles are further contributing to their demand.”

Electrically-propelled equipment also offers advantages such as enhanced efficiency and accuracy and high maneuverability during operations. In the mining sector, EVs decrease exhaust emission inside mines. In agriculture, EVs can be integrated with artificial intelligence in order to analyze crop data during operation in the field.

EvoCharge to sell its EV chargers through Uni-Select Canada

EvoCharge, a provider of EVSE and cable management solutions, has entered into a resale agreement with Uni-Select Canada to sell its Level 2 charging equipment. Uni-Select distributes products to over 16,000 automotive repair shops, 1,000 independent customer locations and 80 company-operated stores.

“We have a long-standing relationship with Uni-Select, and extending it to include EvoCharge means that customers across Canada can easily access our EV charging products that are designed for the Canadian winters and include materials and mobile application in French,” said Manish Virmani, VP of Sales and Marketing for Phillips and Temro, EvoCharge’s parent company.

“The addition of these products to our offering ensures customers throughout Canada can now easily access EvoCharge’s quality charging solutions,” said Sean Williams, VP of Merchandising & Supply Chain for Uni-Select’s Canadian Automotive Group.

Iskra smart energy meters comply with Germany’s Eichrecht calibration law

Germany’s Eichrecht standard is designed to ensure transparent measurement and billing of energy dispensed from EV charging stations. To meet the standard’s requirements, charging stations must have a certified energy meter that correctly measures the amount of energy delivered in kWh, and physically displays this value to consumers.

Slovenian electronics manufacturer has earned the Module D certificate for its WM3M4C energy meters, which signifies full compliance with the German Eichrecht standard.

Iskra’s WM3M4C is a smart energy meter intended for energy measurement in EV charging stations. It’s designed to be physically compact, supports both three-phase and single-phase chargers, and features digital signing for the charging event.

Riding The Brand New Energica Experia Electric Touring Motorcycle — CleanTechnica Review

Recently, I got a chance to ride the brand new Energica Experia, a green touring bike built for the long distance rider looking for a comfortable riding position, long range, carrying capacity, and without compromise on performance. Energica delivers it all with this bike, and then some. The bike is offered with a full outfit […]
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