There are two electric trucks on the market today: the Chevy Silverado and the Ford F-150 Lightning. Which one will arrive first? The two companies have different opinions on which will be first. The GMC electric truck may be the winner because it uses a more sophisticated powertrain than its rival.
Pickup trucks are ideal for hauling loads, and they are also great for hauling fun toys. The market for electric pickup trucks is expected to grow by over 37% by 2028. As a result, automakers are scrambling to keep up with demand. It is expected that some models will be available as early as 2023.
Tesla has the largest share of the EV market in the US, but has yet to launch its own electric truck. However, Tesla’s CEO says the company is on track to begin volume production of its Cybertruck next year. GM has said it plans to release its EV version of the Chevy Silverado next year, but it’s unclear when that will happen. Meanwhile, Toyota’s electric pickup, the Toyota Pickup EV, is smaller than most electric trucks. It has a sportier look and a more compact cabin than most competitors.
What is the First Electric Truck to Market?
Several established and new automakers are working to bring electric trucks to market. For example, Tesla and General Motors both have electric truck programs in the works. Meanwhile, Ford will likely be the first established automaker to ship an EV pickup truck. The company’s Lightning electric truck is priced under $40,000 and should reach dealerships next spring.
While we’re not exactly sure when GM’s electric Hummer pickup will be available, the company plans to have it in customer driveways by the end of 2021. Meanwhile, Ford promises to have its first all-electric F-150 Lightning truck in spring 2022. Lordstown Motors is working on an EV pickup but hasn’t announced a date.
Chevy, meanwhile, introduced an electric pickup truck last year. It’s a single-cab compact truck, with an electric motor that powers both front and rear wheels. In tests, the truck reached 50 mph in 9.75 seconds. Its battery pack initially consisted of 26 lead-acid batteries, which gave it a 33-mile range. Later, it was upgraded to a nickel metal hydride battery pack that increased its range to 72 miles.
What Electric Truck Will Have the Most Range?
The range of an electric truck can be determined by how many miles it can travel on a single charge. The most recent model, the Ford Lightning, has a range of more than 320 miles, making it one of the longest-range electric vehicles on the market. EPA ratings vary, so it’s difficult to predict real-world mileage. Other new electric pickup trucks are also aiming for long-range power, such as the Nissan Leaf, which has a range of 300 miles.
The Rivian R1T electric truck is the most common electric truck on the road today. While the Rivian has not released a complete lineup, they have announced that they will release two more models in the near future. This vehicle will launch with a lower power figure, with only two electric motors, though it will be available with various wheel styles and sizes. It is expected to have a range of up to 300 miles, and is expected to cost $75K.
If you plan on towing a lot, it’s important to determine the range of your new electric pickup truck. Even with a 350-mile unloaded, the range of an electric pickup truck will be significantly reduced by towing heavy loads. As a general rule, if you plan to haul around heavy items, the range of an electric truck is about 1/3 to half that of the unloaded model.
Who Will Sell the First Electric Truck?
While it’s unclear who will sell the first electric trucks, established automakers and startup companies are racing to get them to market. Ford, for example, has an EV pickup truck in development, and General Motors is also in the game. The Ford Lightning is expected to hit dealerships next spring and has a starting price of under $40,000.
While Rivian is the leading startup in the electric truck market, other manufacturers are working on mass-market vehicles. The GMC Hummer EV, the Ford F-150 Lightning, and the Tesla Cybertruck are all expected to be on the market within the next few years. However, for now, Rivian will be able to enjoy a head start in the field, as it will be able to build up a loyal customer base before the competition catches up.
General Motors signed a new MOU with Nikola in November 2020. While the previous agreement called for General Motors to take a stake in the company and build a battery-electric pickup, this new deal commits GM to supplying Hydrotec fuel-cell technology. In addition, the Badger was originally intended to compete with Rivian’s R1T concept vehicle, Tesla’s Cybertruck, and Ford’s F-150. However, Nikola’s real business is developing the hydrogen-powered Nikola Semi, and GM was eager to take advantage of that. At that time, it was valued at nearly $30 billion. But now, it is only worth about $6 billion.
How Long until Electric Trucks Take Over?
Electric trucks are on the verge of becoming a commercial reality. Some truck classes are better suited to the switch than others, according to a new report by the National Renewable Energy Laboratory. Heavy trucks are responsible for a disproportionately high amount of emissions, according to the study. They make up about 40 percent of the truck fleet but generate more than 70 percent of all transportation-related emissions.
While e-trucks are on the verge of taking over the trucking industry, it will take time for them to become widely adopted. Electric trucks need to have lower long-term costs for them to become a viable option for commercial applications. As they are expensive to purchase, the electric trucks will require government incentives and grants to make them affordable to many drivers. Fortunately, battery costs have begun to fall, but they must continue to fall in order for electric trucks to become a reality.
The adoption of electric vehicles is moving faster than most industry observers expected. By 2030, fully electric trucks are expected to account for 15 percent of global truck sales. In Europe and China, eTrucks could account for 25-35% of sales.
Will Electric Trucks Hold Their Value?
There are a number of reasons for EVs to lose their value. The $7,500 tax credit is one, but there are also continuing weak demand factors. In 2019, EVs made up just 2.5 percent of the vehicle market. As a result, a new study from Kelley Blue Book found that electrics will lose significantly more value over five years than their non-electric counterparts. However, the study has several flaws.
For starters, there are concerns about the battery life. Even if batteries last for ten years, they won’t be used at full capacity every single day. In addition, delivery vehicles will have variable routes, which may extend battery life. Also, battery costs are falling rapidly. By 2025, a delivery vehicle’s pack should cost less than $20k. In addition, battery replacement costs can be recovered in six to ten years, thanks to the cost savings of operation.
Another concern is the resale value of an electric vehicle. Although EVs don’t retain as much as a gas-powered vehicle, their resale value will likely increase. Proper maintenance will boost EVs’ resale value. Moreover, an EV with a good service history is more likely to attract a buyer who is willing to pay extra for it.
Is Toyota Coming Out with an Electric Truck?
Toyota has long teased electric vehicles, but an electric truck isn’t likely to hit the market until the 2023 model year. However, the bZ and Toyota electric sedan are expected to be ready in the next few years. The revived Hummer brand has also helped draw attention to General Motors’ electric offerings. Meanwhile, Toyota has unveiled an electric interpretation of its iconic FJ Cruiser.
The company has been hard at work promoting electric vehicles, but it is concentrating its efforts where regulations force it. That means that Toyota’s electric truck will probably look different from concept designs. But one concept in particular looks promising: a Toyota electric pickup truck. While other companies, such as Ford and Rivian, are releasing their own electric pickups, the Toyota electric pickup truck is expected to be one of the most important steps in electrifying the US auto market.
Toyota has announced plans for an electric pickup truck at the Shanghai auto show, but hasn’t revealed specific nameplates. In fact, a full-blown concept vehicle with an EV powertrain is revealed in an internal event at Toyota. While the truck itself doesn’t look too different from the Tacoma, it could be an electric Tacoma-style truck.
Can an Electric Truck Really Power a House?
Ford has developed a battery-powered electric truck, the Ford F-150 Lightning, which can power a house for up to three days during a power outage. This truck can also be used as a backup generator, as it has a 131-kilowatt-hour battery. The battery can also be combined with a solar system to provide enough power to keep a house running for up to 10 days.
In addition to the truck’s battery pack, the Ford Lightning comes with an Intelligent Backup Power system. This system works automatically when the truck is plugged in or can be manually configured. It feeds power from the truck’s battery pack to a home charger. This home charger then converts the DC to AC and powers plugs, lights, and appliances.
In addition to powering a house, this technology can also be used to power emergency response centers and shelters. This would allow people to stay warm and healthy in case of power outages. But before utilities could use the technology on a large scale, they would need to gain regulatory approval.
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