TRADITIONAL TRUCKMAKERS OBSOLETES ? * UK: Report
* Scotland - Navistar, Paccar, other truck firms risk obsolescence
--- Traditional trucking industry manufacturers could become obsolete if they don’t start moving more quickly into electric drive trains... That’s the assessment of analyst Alexander Potter from Piper Jaffray in a report released Tuesday for industry investors... Venerable industry suppliers such as Navistar International Corp., Paccar Inc., Cummins Inc. and Allison Transmission Holdings are among the most “susceptible,” Potter wrote... Potter is looking at the increasing adoption of electric buses demonstrates as the pathway to electric trucking, primarily through the development of drivetrain and battery technology... An electric bus can cost about $700,000 while is diesel counterpart is $500,000... “But since regular maintenance costs for an EV bus are negligible – and since the energy savings are so substantial – the return on investment is still attractive,” Potter said. This is where the trucking industry needs take note...
(Photo: BYD - Line up of BYD electric buses ready for service 12 in Haifa, Israel) -- Aberdeen, Scotland, UK - Trucks.com, by JERRY HIRSCH - Aug 9, 2017
Labels: trucking markets prognosis