Tesla Semi to be a Home-Run as Analyst Predicts US Electric Truck (Freight/Semi) Sales Should Surpass 54K Units by 2025

Tesla Semi to be a Home-Run as Analyst Predicts US Electric Truck (Freight/Semi) Sales Should Surpass 54K Units by 2025

Feature image from Twitter user @sacramentotesla

According to a new Wood Mackenzie analysis, there will be 54,000 electric Medium- and heavy-duty (MDV/HDV) trucks on US roads by 2025. The high demand will certainly be met by the Tesla Semi, which will be produced in Giga Texas from 2021.

The electric truck industry is now in its infancy. Nevertheless, electric transport has begun to receive more and more political and financial support in an effort to achieve global goals in the transition to green transport.

The MDV/HDV truck segment is the second-largest source of US vehicle emissions, but much of the reduction efforts so far have focused on new diesel technologies and hybrids rather than clean electrification, said Kelly McCoy, Wood Mackenzie Research analyst and report author.

According to the report, the number of electric MDV/HDV chargers connected to the grid is also expected to grow exponentially during this period. There were roughly 2,000 electric truck charging outlets in the US in 2019. This number is expected to rise to 48,000 (24x) by 2025.

Fleet electrification offers robust financial and environmental benefits to MDV/HDV operators through lower fuel and maintenance costs, and zero tailpipe emissions. Support from politicians and utilities is just beginning, and fleet operators looking to test this new technology can take advantage of incentive and pilot programs to achieve their own electrification goals, McCoy says.

When Tesla CEO Elon Musk introduced Semi in 2017, a battery-powered semi-truck was projected to be 20% less expensive to operate than diesel trucks and more profitable to use than trains. At the moment, battery technology has improved, and energy costs have declined as natural gas and renewable energy sources supplanted coal as a source of generation. The facts speak for themselves: As a result of these changes, the cost of energy per mile for electric battery MDV/HDVs can be 80% less than for diesel trucks.

© 2020, Eva Fox. All rights reserved.

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Article edited by @SmokeyShorts, you can follow him on Twitter


About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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