Monday, November 25, 2019

Will Electric Trucks Change the Truck Industry?

Four days ago, Tesla CEO Elon Musk announced the creation of a new electric pickup truck, named the Cybertruck. Any potential disadvantages of buying an electric truck were accounted for, as the Cybertruck will be sold at price margins resembling similar size gas-powered trucks, such as the Ford F-150 or Chevy Colorado. Furthermore, the Cybertruck has impressive performance ratings, the highest trim model going from 0 to 60 miles per hour in less than 2.9 seconds, and with a towing capacity of over 14,000 pounds. The Cybertruck blows away any concerns about its performance as an electric vehicle, as it can outrace a Lamborghini, and also tow more than a GMC Sierra. 
Given its statistics, the Cybertruck is a feat of engineering and can appear to be a superior product to other consumer trucks, and has already received over 200,000 orders in just a matter of days. So will the Cybertruck transform the truck industry? The immediate answer is no. The Cybertruck will enter production in 2021 at the earliest, and the production of the vehicle is still very uncertain. However, many mainstream car manufacturers, such as Ford and General Motors, are also already planning to create their own electric trucks. For instance, Ford has even been in the process of designing an electric model of the popular F-150, which is set to release in the 2022 model year. General Motors even has designated factories for future electric truck production. Given that even big players in the American car industry are also shifting their trucks to being electric, it is more accurate to say that Tesla isn’t necessarily making an impact, but rather that Tesla’s creation of the Cybertruck is more of a byproduct of the car industry’s shift to electric.
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1 comment:

  1. I agree with the idea that Cybertrucks will not overpass the classic Truck like the Ford F150, etc. I think that switching to electric cars is bound to happen with technology and is essential for the future. One thing I find interesting about these "cybertrucks" is the question of how much more efficient are they really? The purpose for buying a truck, for many people, is for transportation of heavy items. So would increase in speed in these new Tesla models really be that important?

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