PR Newswire: news distribution, targeting and monitoring
Home Page > News Releases > APAC

Cost, Regulation, and Legislation to Drive Commercial Vehicle Electrification Adoption

2018-02-27 22:00

Last Mile Deliveries and Buses Leading Market Push

SCOTTSDALE, Arizona, Feb. 27, 2018 /PRNewswire/ -- Market-leading commercial vehicle manufacturers, strategic suppliers and well-funded start-ups are racing to deliver a plethora of different battery electric solutions from delivery vans to big rigs and specialty vehicles. ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, finds upstarts like Thor Trucks and SEA Electric challenging industry leaders and going head to head with firms like Daimler Trucks, Volvo and China's BYD for market share in key verticals and geographies.

"Heavy-duty vehicles are drawing the most attention and competition including Daimler, Tesla, and Nikola (hydrogen-electric), however, the best near-term use cases stem from shorter, consistent routes such as last-mile delivery and passenger buses," states Susan Beardslee, Senior Analyst at ABI Research. "Companies like Proterra and BYD are leading contenders, along with Daimler and Volvo for buses. Start-ups like Arrival, Chanje and Workhorse are battling Daimler for a share of the lucrative last mile delivery market, fueled by the rush of e-commerce."

Additional innovation comes from last mile linkage to UAV's, as Workhorse tested with UPS, Chanje's additive range, Geely-owned Caocao Zhuanche's differentiated Mobility as a Service business model and Arrival's autonomy-ready, modular design.  Traditional suppliers such as BorgWarner and Cummins are pivoting to add electric vehicle technologies to generate power.  Volkswagen acquired 17% of OEM Navistar to add medium-duty EVs to their portfolio.

While current penetration of consumer auto electric vehicles largely remains in the lower single digits, a combination of factors is propelling commercial usage.  These include the cost of fuel, tightening emission and noise regulations, and decreasing battery costs. Multiple plans for autonomy are underway from Tesla to Arrival to Uber's Otto to Peterbilt/Embark and PACCAR.  These will likely depend on long-range battery technologies to enable.

These findings are from ABI Research's Hot Tech Innovators: Commercial Vehicle Electrification report. This report is part of the company's Intelligent Transportation & eFreight research service, which includes research, data, and analyst insights. 

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to act now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit

Contact Info                         


Deborah Petrara       

Christopher Leary

Tel: +1.516.624.2558                

Tel: +1.516.624.2544     

Logo -

Source: ABI Research

Featured Video

Auto Recent Releases

Computer/Electronics Recent Releases

Green Technology Recent Releases

Publishing/Information Service Recent Releases

Transportation Recent Releases

Data Analytics Recent Releases

Advanced Search
  1. Products & Services
  2. News Releases
  3. Knowledge Center
  4. Journalists & Media
  5. Multimedia Theater
  6. Contact Us