Truckers and delivery services whose vehicles depend on diesel fuel face a math problem right now. A gallon of diesel costs $6.32 on average right now, according to AAA.
That price tag hit a record high last month, and that cost creates an obvious issue — these drivers can’t just use less fuel
. Unless they change the vehicles they drive.
Those vehicles come from Harbinger Motors, a company that makes electric versions of those box trucks that FedEx and UPS use. Ever since diesel prices started climbing, CEO John Harris said that the size of customers’ orders has been increasing.
“People that we were talking to about 100, now they want us to quote 500, now they want us to quote 1,000,” he said.
There’s not a lot of price transparency in this market, but electric trucks are generally more expensive than diesel versions — for the truck itself, as well as the charging infrastructure.
On the other hand, electrons right now are a lot cheaper than diesel. And trucking companies are noticing, said Elaine Buckberg, senior fellow at Harvard University’s Salata Institute.
“I think that's going to make them think a lot more about that trade-off between the upfront cost of the truck and the savings they'd get over the life of the truck,” Buckberg said. |