Paul Berger of The Wall Street Journal reports that a Ryder analysis shows operating expenses of low-emissions rigs are far higher than those for diesel trucks. Berger writes:
Executives at truck leasing company Ryder System spent years listening to some of their biggest customers say they wanted to switch to battery-electric big rigs.
Now that the heavy-duty trucks are available, the company says, few customers want to pay for them.
“The economics just don’t work for most companies,” said Robert Sanchez, the chief executive of Ryder, which manages 250,000 trucks and vans for tens of thousands of retailers and manufacturers. […]
“Considering that 96% of U.S. trucking companies operate 10 or fewer trucks, these mandates are simply cost-prohibitive for most truckers,” the American Trucking Associations said earlier this month.
Read more here.
