Electric Trucks And Similar Vehicles.

Rivian E-Pickup Truck

To create a new electric truck company it seems as if you need the right people to invest in you. One example is Rivian who is backed by the business giant Amazon. The Amazon stake is high – 20% of the company, but then again Ford has a 12% backing to the company.

You might need Einstein to work out the math. Although it’s produced only 150 trucks it’s valued at $100 billion, which is about 66 thousand million dollars per truck.

It’s not only the prestige of being backed by Amazon and Ford but this does work wonders. There are several competitors on its tail, such as GM. Rivian cannot survive by coolness alone. It has 55,000 trucks due to be built as well as an electric SUV set to hit the market so this should be added into the equation. Can it be scaled up okay? It needs to grow a huge amount to make waves against Tesla, though a valuation of Rivian says it will sell 3 million vehicles in 10 years.

Not all critics agree with this assessment, it will always need the assistance of Ford, remember. There is a total lack of proof so a bit of healthy skepticism is in order. Still, this sort of calculation is done all the time, there’s been hundreds of business startups.

Arrival

Arrival Electric Delivery Vehicle

Whereas many vehicles are being built in mega-factories the Arrival brand is being constructed in what is known as “microfactories” beginning in South Carolina. One small factory can make either 10,000 vans or buses. These vehicles won’t be on the market until later in 2022. It’s biggest selling point is price due to them being constructed by a composite metal instead of something similar to steel.

Since they are marketing towards fleet operators-that is logistic companies and transport companies they can be more certain of a client than those companies who rely on car lot sales. They can also be competitive with price. The shot in the arm for Arrival seems to be money from such brands as Hyandai and Kia.

BYD Motors

Based in LA, BYD Motors, are set to deliver five refuse vehicles, all class 8, to New Jersey. If you’re interested in specifics, two can hold 25 cubic yards of garbage and the other three can hold 10 cubic yards of garbage. They can run for eighty miles (about the distance between Jersey City and New Haven) and take a mere two hours to charge.

Electric Vehicles = Infrastructure

Electric trucks like all electric vehicles require the correct infrastructure, but the difference is staggering in that a semi going long distance (OTR) will need way more infrastructure than cars that might only get used around town. This isn’t only a matter of money but also time. The state of California to this end has organized a three-year hydrogen fueling and charging initiative for electric trucks, what they call heavy duty infrastructure.

It aims at zero carbon fuel production where possible and near zero carbon fuel production where that target is not feasible. Could these be weasel words? Who’s to say what is possible and what isn’t?

At least $244 million is added to allow for the manufacture of zero emission trucks. Is it possible to have zero emissions by 2035? Not without a huge amount of funding including EV truck stops with solar power. Everyone needs something to aim at though.

Canoo Electric Truck

Honorable mention goes to Canoo Electric Truck which is more of a camper van. Still its an impressive vehicle with multiple expandable work surfaces and outlets throughout the bed and storage compartments. Known for its 2019 microbus the Canoo Pickup will be available in 2023. The California based company believes this will be popular with their adventurous customer base.

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  1. Pingback: What are the Different Types of Electric Car Plugs?  | The Kicker Blog

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