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Purolator going to e vansThe delivery sector is electrifying rapidly in China, slower here but picking up momentum. It is a big money saver. Bloomberg, January Electric trucks and vans approach mainstream adoption Sales of zero-emission vans and trucks will continue to rise quickly and should hit almost 600,00 globally in 2023, up over 80% from 2022. Since 2020, sales have jumped almost fourfold against the backdrop of a largely stagnant market for commercial vehicles. Commercial vehicles are used much more intensively than passenger cars, so electrifying them can lead to large reductions in both emissions and oil demand. China is set to remain the sales leader, with roughly twice as many electric vans and trucks sold compared to Europe. Another market to watch is South Korea, where electric light commercial vehicle sales were close to 25% of the market even after the expiry of generous purchase subsidies. The US could turn into a surprise market for zero-emission vans and trucks. After very low sales in previous years, there are signs of change: Buyers have placed large orders from the likes of GM’s BrightDrop, Volvo Truck, Tesla, Daimler Truck and others, and in many cases deliveries are already taking place. At the same time, some of the most ambitious projects for high-power charging of heavy-duty electric trucks are being developed in the country, with some stations set to start operating this year. |
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