Electric vehicles have been around for decades, but experts had long looked upon them more as a novelty than a serious competitor to the internal combustion engine. That belief has given way to a more bullish outlook, as technological advancements and government regulations come into closer alignment with the ambitious sustainability efforts of a growing number of companies. As a result, the freight transportation sector finds itself at the cusp of a potentially seismic shift that could see as many as one-third of all trucks running on electric power within the next 15 years.
The Future Has Arrived
The statistics behind the “Internet of Things” (IoT) are as dizzying as the possibilities. By the middle of this decade, the freight transportation and logistics