With a 3.5% increase year-over-year and over $700 billion in revenue, the trucking industry has seen some healthy growth in recent years. Yet, they must keep up with where the future in the industry is headed, and that is switching from diesel to electric energy. There are some factors which have brought this change on including e-trucks infrastructure becoming a heightened investment and reductions in carbon emissions which are mandated by the government.
Daimler (parent company to Mercedes-Benz) and Volkswagen are both pumping billions of dollars into e-trucks with other logistics companies following the same path.
Click here to read the article: https://www.businessinsider.in/heres-why-transportation-leaders-including-daimler-and-volkswagen-are-pouring-billions-into-rd-for-electric-trucks/articleshow/69935047.cms