The Future is Electric - Electrification within heavy industrial vehicles
The world is transforming, not just digitally; we are experiencing one of the greatest mechanical revolutions in modern times–with electric power at the forefront. New technological advances, increased global environmental awareness, and stricter requirements for industrial emissions in the EU pave the way for an electric transformation where electric motors replace internal combustion engines.
Within the heavy industrial vehicles and equipment category, the number of battery/electric-powered vehicles is limited. As a result, the need for battery electric solutions exceeds today's market supply. Leading industrial companies have identified electrification of the fossil-fuelled vehicle fleet as an essential key to achieving internal environmental requirements and meeting stricter legislation.
In this white paper, we explore
- The current state and future outlook
- The challenges, opportunities, and future of heavier vehicles
- What is required of companies and society in the transformation towards sustainable alternatives.
Most studies, including this one, show that electrification of heavy machinery and equipment has environmental benefits as well as production technology and power benefits.
