How do we know EVs are here to stay? Electric terminal brand Orange EV just announced a new, record single order that includes 600 new electric Class 8 trucks, proving that there’s a genuine market for HDEVs even without Federal incentives.
If it makes cents, it makes sense, and as we enter the fourth month of war in Iran and a closed Strait of Hormuz continues to drive up oil and fuel costs, more and more heavy fleets are taking a fresh look at EVs – and the math seems to be mathing, with new Orange EV leases growing 272% over the past 12 months alone.
“We have left the early adopter stage of yard electrification,” explains Kurt Neutgens, co-founder and president of Orange EV. “We’re seeing companies invest in hundreds of trucks because total cost of ownership superiority has been proven, including uptime, reliability, fuel savings, and service guarantees.”
Uptime is what’s up
Orange EV; via DHL.
