Market Moves: Electric Vehicles - Feb 2nd, 2024
 
 
GM, Toyota, and the trucking industry weigh in on what's next.
Market Moves: Electric Vehicles | View online
 
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February 2, 2024
From the Editor

Bidirectional charging, and especially vehicle-2-grid (V2G) technology, holds great potential for the future of EVs, but adoption and integration still pose a hill to climb. They're not the only hurdle that’s on the minds of those invested in the EV transition in this edition of Market Moves EVs. 

In the trucking industry, rivals are joining forces to bring awareness of what needs to be done to bolster zero-emission infrastructure in order to achieve a decarbonized future for the sector; a future which, as you’ll read, includes alternative fuel vehicles.

If you’re enjoying this newsletter and want to keep up on the latest in the supply chain, manufacturing sector and more, consider subscribing to the other Market Moves right here. 

– Jennifer Ramsay

The vast electrical storage capacity of the growing EV fleet is an attractive asset for those envisioning a more electric and renewable future.
Sponsored

Peterbilt leads the commercial EV industry with the widest lineup of electric vehicles, with three
configurations available for regional haul, pickup and delivery and refuse applications. Peterbilt provides
leading services and support for customers adding EVs to their fleets, helping them integrate EVs
seamlessly into operations to deliver low cost of ownership and zero-emissions performance.

https://img.fleetowner.com/files/base/ebm/fleetowner/image/2024/01/65ba4624d7f485001e2c9827-239a6074.png?auto=format%2Ccompress&w=320
Leaders in commercial transportation want to educate policymakers and advocate for decarbonization.
https://img.fleetmaintenance.com/files/base/ebm/fm/image/2024/01/65b3c875b7a96d001e24b989-211124576suriyan_buntiamdreamstime.png?auto=format%2Ccompress&w=320
How fast will trucking adopt electric and autonomous trucks, and where do near-zero vehicles fit in?
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BendPak unveils its Octa-Flex™ concept: the world’s first two-post lift with eight fully adjustable lift arms. It has two sets of arms - telescoping swing arms plus all-new lift assist arms to safely and ergonomically maneuver EV battery packs. 

https://img.industryweek.com/files/base/ebm/industryweek/image/2024/01/65b91f24034465001eafe204-gm_chevy_blazer_ev_3.png?auto=format%2Ccompress&w=320
But CEO Mary Barra says the auto giant “will follow the customer” and flex production to ICE vehicles if needed.
https://img.ratchetandwrench.com/files/base/ebm/ratchetandwrench/image/2024/01/65b3ff6df66489001e5e9095-toyota_headquarters.png?auto=format%2Ccompress&w=320
Chairman Akio Toyoda believes in a multi-path approach to the EV transition, rather than a sole focus.
https://img.energytech.com/files/base/ebm/energytech/image/2024/01/65b282181c5a6e001fc575de-united_states_postal_service.png?auto=format%2Ccompress&w=320
Electrification is part of USPS' $40 billion investment to upgrade and decarbonize aspects of its operation.
https://img.constructionequipment.com/files/base/ebm/constructionequipment/image/2024/01/65984adced7c2a001ea23bf8-rivian_electric_pickups_1bhedxx1ykcfd5at222yy4ib54.png?auto=format%2Ccompress&w=320
There is less maintenance compared to ICEs, but it's important to prepare for the electric future.
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Research and business intelligence for partners that supply the EV automotive aftermarket. Gain a competitive advantage with market data, trends, and insights for better decision making.

https://img.ratchetandwrench.com/files/base/ebm/ratchetandwrench/image/2024/01/65b8120f0d44d3001e3ddda8-pexelscesarbaciero8349487.png?auto=format%2Ccompress&w=320
FINN found that the Model Y topped the EV list, with California making most progress toward EV adoption.

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