Electric Big Rigs Don’t Make Sense Even With $40,000 in Tax Credits - News Summed Up

Electric Big Rigs Don’t Make Sense Even With $40,000 in Tax Credits


California’s EV Rules Reduce Truck Sales by 50 PercentThe Wall Street Journal reports You Can’t Buy That Diesel Truck. Trouble is, truckers aren’t buying electric big rigs because they can’t afford them even with $40,000 in federal tax credits. Electric trucks cost twice as much as diesel-powered rigs and have a limited driving range—150 miles on average, compared to between 1,000 and 1,500 for diesel trucks. Yet under California’s rules, “dealers are restricted from selling a diesel truck unless they sell a ZEV truck,” the dealer group reports. Even as battery technology for electric trucks continues to evolve, manufacturers will face formidable challenges on the path to widespread adoption.


Source: Forbes October 07, 2024 12:53 UTC



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