Umair Gaines
The electric vehicle market is growing, and companies are now investing in electric trucks, anticipating a substantial return on investment. This shift towards electric trucks is part of a broader move to reduce carbon footprints across all sectors. While there are several companies manufacturing electric trucks, some of the notable ones are Tesla, with its much-anticipated Tesla Semi, and Nikola Corporation, offering hydrogen-electric and battery-electric vehicles. Volvo Trucks is also focusing on electric models like the Volvo VNR Electric, and Volvo FMX Electric. Other companies include Orange EV, VinFast, Hyundai, and Kia.
| Characteristics | Values |
|---|---|
| Companies making electric trucks | GGT Electric, Orange EV, Hyundai, Kia, Mercedes-Benz, Freightliner, Tesla, Nikola Corporation, Volvo Trucks, Ram, Canoo, Lordstown, Alpha, TELO, Ford, Bollinger Motors |
| TELO Truck model | MT1 EV pickup |
| TELO Truck features | Same interior space as a Toyota Tacoma, same truck bed length as the Toyota Tacoma, larger than a Rivian R1T, standard five-seat crew cab with a 5-foot bed capacity, configurable mid-partition |
| Ford F-150 Lightning features | Range from 240 miles to 320 miles, 775 lb-ft of torque, 452 horsepower, 60 mph in 5 seconds, extended range sprints to 60 mph in 4.5 seconds with 580 horsepower, maximum payload of 2,235 pounds, towing capability of 10,000 pounds |
| Ram Rev features | 650 horsepower, 620 lb-ft of torque, two battery options available at launch, largest battery option delivering an estimated 500 miles of electric range |
| Tesla Semi features | Three times the power of an average diesel semi, 1,020 horsepower, 1,050 lb-feet of torque, range of around 400 miles, can charge up to 85% in 30 minutes |
| Nikola Corporation focus | Creating vehicles capable of handling significant loads over long distances |
| Volvo Trucks focus | Electric models |
| Canoo pickup truck features | Payload capacity of a full-size truck, exterior footprint of a midsize truck, enhanced maneuverability for any terrain, targeting upward of 500 horsepower, payload capacity of up to 1,800 pounds, range of 200-plus miles |
| Lordstown model | Endurance |
| Alpha Wolf pickup features | Two variants: the extended-cab Wolf+ and the double-cab Superwolf |
| Bollinger Motors model | Bollinger B4 |
| Bollinger Motors B4 features | Class 4 commercial truck, zero emissions |
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What You'll Learn
- Established car companies such as Hyundai, Kia, and Mercedes-Benz are making electric trucks
- EV startups like Canoo, Evelozcity, and Alpha are also entering the electric truck market
- Tesla is a popular electric car maker with its Semi Truck and Cybertruck models
- Nikola Corporation offers hydrogen-electric and battery-electric vehicles
- Volvo Trucks focuses on electric models like the Volvo VNR Electric
Established car companies such as Hyundai, Kia, and Mercedes-Benz are making electric trucks
Mercedes-Benz, another established car manufacturer, started delivering eActros units to 10 customers in September 2018 for a two-year real-world test. The customers included well-known companies such as Dachser, Edeka, Hermes, and Migros.
Kia Motors, a subsidiary of Hyundai, has also ventured into the electric truck market. The company's Bongo EV model gained traction in South Korea, with over 5,000 units sold in 2020.
In addition to these established car companies, startups and specialty electric vehicle manufacturers are also making waves in the electric truck market. For instance, Bollinger Motors offers the all-electric commercial truck B4, designed and engineered in Michigan. Another startup, Canoo, based in Bentonville, Arkansas, initially announced a van-like lifestyle vehicle before introducing their pickup truck prototype, which promises enhanced maneuverability and a range of over 200 miles.
The shift towards electric trucks is driven by the broader movement to reduce carbon footprints and embrace cleaner energy solutions. While the upfront cost of electric trucks is higher, their total cost of ownership can be lower due to savings on fuel and maintenance. The environmental benefits are significant, with electric trucks producing two times fewer greenhouse gas emissions per mile than their gas-powered counterparts.
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EV startups like Canoo, Evelozcity, and Alpha are also entering the electric truck market
Several established automakers are entering the electric truck market, including Hyundai, Kia, and Mercedes-Benz. However, EV startups like Canoo, Evelozcity, and Alpha are also making their mark in this space.
Canoo, formerly known as Evelozcity, is an American automotive company based in California that develops and manufactures electric vehicles. The company was founded in 2017 by Stefan Krause and Ulrich Kranz, former executives of Faraday Future (FF). Krause and Kranz left FF due to disagreements with its leadership and brought several FF employees with them to their new venture. Canoo has since faced financial challenges, filing for Chapter 7 bankruptcy in 2025, but not before securing significant orders for its electric vans and Lifestyle Delivery Vehicles (LDVs). In 2022, NASA selected Canoo to supply crew transportation vehicles for its Artemis program, and the company received major orders from Walmart and Kingbee, a Utah-based fleet rental company.
Evelozcity, founded by the same individuals who started Canoo, raised $1 billion to bring its electric vehicles to market. The company initially focused on engineering and design while outsourcing manufacturing and assembly, but it has since invested more in its manufacturing capabilities.
Alpha Motor's new truck range, "WOLF," showcases its collaboration with Mountain Top, aiming to deliver on efficiency and future-proof design. While details on Alpha as a company are scarce, their WOLF truck has impressive specifications, including a length of 190 inches, a width of 76 inches, and a digital display and premium sound system for the driver.
These EV startups demonstrate the growing interest and investment in the electric truck market, offering innovative designs and sustainable solutions to revolutionize transportation and logistics.
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Tesla is a popular electric car maker with its Semi Truck and Cybertruck models
Tesla, a popular electric car maker, has ventured into the electric truck market with its Semi Truck and Cybertruck models. The Tesla Semi is a battery-electric semi-trailer truck that has been in production since 2022. With a range of 500 miles (800 km) and less than 2 kWh per mile of energy consumption, the Semi can recover up to 70% of its range in just 30 minutes using Tesla's Semi Chargers. The truck is powered by three motors, which provide instant torque and unmatched power, allowing it to accelerate from 0 to 60 mph in 20 seconds, even when fully loaded.
The Cybertruck, on the other hand, is a full-size electric pickup truck with a unique and futuristic design. It offers two variants: the 600-hp dual-motor AWD and the Beast, which boasts 834 horsepower from three electric motors. The Beast is the quickest pickup in its class, reaching 60 mph in just 2.6 seconds. The Cybertruck also has an impressive maximum towing capacity of 11,000 pounds and an adjustable air suspension that provides up to 17 inches of ground clearance.
Both the Semi Truck and the Cybertruck showcase Tesla's commitment to innovation and performance in the electric vehicle market. The Semi Truck's efficiency and power challenge traditional diesel trucks, while the Cybertruck's unique design and capabilities expand the possibilities of electric pickup trucks. With these models, Tesla is leading the way in sustainable transportation and offering consumers environmentally conscious alternatives to conventional trucks.
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Nikola Corporation offers hydrogen-electric and battery-electric vehicles
The Nikola Corporation (formerly the Nikola Motor Company) is an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. The company was named in honour of Nikola Tesla, although it is not related to the inventor.
Nikola has been working on hydrogen-electric and battery-electric vehicles since at least 2019, when it unveiled the Nikola WAV concept vehicle, a watersports offering with a waterproof 4K resolution screen and cruise control. In the same year, the company also unveiled the Nikola Tre, an electric truck concept aimed at the European market. The Tre was delivered to the Port of Los Angeles in December 2021, and the first customer delivery was made in April 2022.
In February 2022, Nikola projected deliveries of between 300 and 500 of its first battery-electric semi-trucks, also known as the Nikola Tre, to customers. The company delivered its first two battery-electric trucks in December 2021. However, in 2023, all delivered units were recalled due to a potential leak in the coolant circuit of the battery pack.
Nikola has faced some setbacks, including the cancellation of a proposed deal with GM in November 2020, which resulted in the cancellation of the Badger electric pickup truck. Despite these challenges, Nikola continues to work towards finding cost-effective solutions for hydrogen sourcing, distribution, and dispensing through its energy brand, HYLA. In Q1 of 2024, Nikola produced 43 wholesale hydrogen fuel cell electric trucks for US customers.
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Volvo Trucks focuses on electric models like the Volvo VNR Electric
Volvo Trucks is committed to reducing pollution, noise, and traffic congestion on busy urban streets. The company has developed the VNR Electric, a zero-emission electric truck, as part of its electromobility solutions. The VNR Electric is based on the popular Volvo VNR, offering the same manoeuvrability, visibility, and safety features.
The VNR Electric boasts several improvements over its predecessor, including enhanced range, faster charging, and a wider range of configurations. The truck is available in both regular-cab tractor and cab-and-chassis straight truck variants, with four or six lithium-ion batteries, providing flexibility for various hauling needs. The electric motor and I-Shift two-speed automatic transmission deliver 455 horsepower and up to 4,051 lb-ft of torque, enabling quick starts and excellent responsiveness in urban settings.
Volvo's VNR Electric also prioritises safety, incorporating a high-strength steel cab, heads-up display, and advanced collision avoidance technology. The battery safety is further enhanced with additional protection built into the battery cage. The truck's connectivity is industry-leading, featuring a real-time diagnostic system and 24/7 access to service experts.
Volvo Trucks North America has actively promoted the adoption of electric vehicles through initiatives like the SWITCH-ON program, where they delivered 70 VNR Electric trucks as part of a $21.5 million grant programme. This project, supported by the EPA and South Coast AQMD, aims to improve air quality in Southern California by deploying zero-tailpipe emission trucks for regional freight distribution.
Volvo Trucks is dedicated to reducing the carbon footprint of the transportation industry, and the VNR Electric is a testament to their focus on electric models, offering a sustainable and high-performance alternative to traditional diesel trucks.
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Frequently asked questions
There are several companies making electric trucks, including established car manufacturers and startups. Some of the companies include:
- Tesla
- Nikola Corporation
- Volvo Trucks
- Hyundai
- Kia
- Ford
- Bollinger Motors
- GGT Electric
- Orange EV
- VinFast
- TELO
Some of the electric truck models include:
- Tesla Semi
- Volvo VNR Electric
- Porter Electric Truck
- Kia Bongo EV
- F-150 Lightning
- B4
- Canoo pickup truck
- Wolf
- Cybertruck
Electric trucks offer several benefits, including reduced greenhouse gas emissions, lower total cost of ownership due to savings on fuel and maintenance, and improved performance compared to diesel trucks. Electric trucks also contribute to meeting sustainability goals and creating clean energy jobs.
