Market Moves: Electric Vehicles - May 3rd, 2024
 
 
Electric construction equipment is making waves.
Market Moves: Electric Vehicles | View online
 
May 3, 2024
From the Editor

Questions continue to swirl around EVs, perhaps most prominently is whether the country is truly ready for their explosion in growth, especially in regard to infrastructure. We explore the validity of those concerns here and look at how other players are pushing ahead: A major OEM is investing billions, tire dealers are learning how EV owners shop and a company is electrifying existing construction equipment. Together, they start to give us a sense of the scale of the transition.

   — Jennifer Ramsay

Once operational, the plant will have a production capacity of 240,000 EVs per year, and 36 GWh per year for batteries.
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The grid is already outdated and overburdened—upgrades and expansion will be key in the transition to commercial EVs.
Overall, EV owners are seemingly more informed and focused on a quiet but performance-laden ride.
A group of conservative lawmakers previously said they would try to block the rules when the EPA finalized them last month.
When a fleet commits to developing a charging station, planning is the first, sometimes complicated, step.
These batteries can overcome the safety, range and charging concerns associated with current technology.
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The company's plug-and-play platform makes it easier to convert construction equipment from diesel to electric.
Volvo CE teamed up with civic groups and contractors to test electric equipment on urban projects.