THE TIME may finally be right for electric powered trucking.
Despite technology being available, at least in a primitive form, since 1827, electric motor use, specifically in commercial trucks, has been limited
There is reason to believe electric vehicles have not only undergone a renaissance, the technology may be in a strong growth period.
In a media release, commercial vehicle and engine manufacturing company, Isuzu Australia Limited Isuzu said the company had commenced an electric vehicle concept program.
However, it said, details are yet to be released.
“Will have more to say about this very soon,” it said.
“The electric engine of today is now a realistic proposal owing to innovations in energy storage, battery technology, and connectivity.
“This allows vehicles to operate more efficiently and over vaster distances.”
Isuzu said the introduction of lithium batteries, with their higher energy and power density and longer lifespan enabled the technology.
“The introduction of lithium ion batteries has provided an energy storage solution far superior to most other batteries,” it said.
“Cost reduction has been a massive factor.
“Electric vehicle battery pack costs reduced significantly between 2010 and 2016.
“While in that same period sales of electric vehicles have increased at over 160 per cent an annum.”
In the release, Isuzu said while it was hard to predict growth, business consulting firm McKinsey had suggested the electric truck market share could reach 15 pc overall by 2030, while light-duty truck sales could climb as high as 25 to 35 pc in Chinese and European markets.
“Adoption has grown faster than expected,” it said.
“And with air quality a significant issue in Chinese cities, China could provide a major impetus for growth.”
Isuzu said the vastness of the Australian continent meant electric trucks capable of covering long distances would be ideal, however light and medium trucks for use within urban environments was also critical.
“The reason for bullish appraisals on electric vehicle sales at the light end of the market is the distances they are able to travel without a recharge,” it said.
“Reaching anywhere from 160 to 350 kilometres across a range of payload scales.”
Isuzu Australia Limited showcased two examples of its electric vehicle concept at supply chain and logistics event, Megatrans, held at the Melbourne Convention Centre between 10-12 May 2018.
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