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While growth is expected, most fleet managers are concerned with the ROI than with the technology and are targeting a payback term of less than three years, according to a report from Navigant Research.
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The utilities have already rolled out several of the 53 trucks that have been slated for a U.S. Department of Energy grant distributed by the Tennessee Valley Authority (TVA) and Electric Power Research Institute.
Read More →Introduced as part of the company's Get Current. Drive Electric. initiative, the new rebate program offers qualifying residential customers a $250 rebate for installing a Level 2 charger (208/240-volt) and qualifying new construction builders a $100 rebate for each dedicated 240-volt plug-in ready circuit installed in new homes.
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The number of plug-in electric vehicles in use is projected to reach 12 million globally by 2023, while worldwide revenue from charging services is expected to increase to $2.9 billion from $152.6 million projected for this year, according to Navigant Research.
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For fleets that do more driving in city areas, hybrid vehicles could be the alternative-fuel option to choose: however, do the research and weigh the options to ensure the vehicles are the right fit.
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Mercedes-Benz presented the Concept Vision e Plug-in Hybrid Concept minivan at the 2015 Geneva Motor Show.
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Mitsubishi Motors has developed a plug-in hybrid large SUV concept that generates 335 hp and provides all-wheel drive, the company announced at the Chicago Auto Show.
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Pacific Gas and Electric Company (PG&E) has asked state regulators for permission to build an estimated 25,000 electric vehicle (EV) chargers at sites across its service area in Northern and Central California.
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The Odyne systems are now operating on a Terex TC55 line construction truck mounted on an IHC chassis, which will be doing everyday line work, and a Terex SC45 trouble truck, which will be doing more driving and service work.
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Declining fuel prices has reduced the attractiveness of hybrid and electric powertrains in commercial vehicles, yet the long-term regulatory and energy outlook shows promise for these systems.
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