Electrification targets of the ten largest truck manufacturers

Europe has big plans for the switch to e-trucks: Of the world's ten largest manufacturers of trucks weighing six tons or more, only three European manufacturers have so far set targets for their conversion to e-drives: Daimler Truck AG, Volvo Trucks, TRATON GROUP.

It is up to policy makers to enable these plans to be realized. The EU has already set ambitious targets: From 2030, all new vehicles from a manufacturer of heavy commercial vehicles must emit at least 45% less CO2 than in 2019, from 2035 at least 65% and from 2040 at least 90%.

Other major commercial vehicle manufacturers have set e-targets (IVECO, Ford Motor Company); others do not have e-targets but are fully committed to e-models (Xos Trucks, Lion Electric, Tesla).

As early as 2030, battery trucks in Europe (EU and UK) could be cheaper than diesel trucks in 99.6% of all use cases in terms of total cost of ownership and meet the same requirements. H2 trucks will probably continue to be more expensive than diesel trucks. Read more in this study.

The most important cost advantage of e-trucks comes from the much more efficient use of the most important energy source for climate-neutral transportation: electricity from renewable energies.

It is therefore all the more important that the German government now focuses budget funds for refueling and charging infrastructure on charging infrastructure for battery-powered trucks. Reliable government start-up funding is needed for the development of public and depot charging infrastructure.