Executive Briefings

New All-Electric Delivery Truck Is on the Way, and It's Not From Tesla

Chanje's vision sounds a lot like Tesla's: electric vehicles recharged via clean rooftop solar power.

But the new company has no interest in the automobile market. Instead, it's entering what it believes to be a lucrative niche in medium-duty electric trucks.

Few such trucks exist. Most medium-duty electric trucks are internal-combustion vehicles hand-converted to run on electric motors and batteries.

Chanje’s trucks are not concept vehicles or prototypes. They’re ready for sale, and the Los Angeles company plans to begin selling or leasing them within weeks.

“We decided, let’s show up when we’re ready to go to market,” said Bryan Hansel, founder and chief executive.

He wouldn’t get specific on pricing, but contends that monthly lease amounts will be “at parity” with leases for diesel-engine competitors once lower maintenance costs and net fuel savings are figured in. He said buyers of such trucks consider price and financial return above all other considerations.

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But the new company has no interest in the automobile market. Instead, it's entering what it believes to be a lucrative niche in medium-duty electric trucks.

Few such trucks exist. Most medium-duty electric trucks are internal-combustion vehicles hand-converted to run on electric motors and batteries.

Chanje’s trucks are not concept vehicles or prototypes. They’re ready for sale, and the Los Angeles company plans to begin selling or leasing them within weeks.

“We decided, let’s show up when we’re ready to go to market,” said Bryan Hansel, founder and chief executive.

He wouldn’t get specific on pricing, but contends that monthly lease amounts will be “at parity” with leases for diesel-engine competitors once lower maintenance costs and net fuel savings are figured in. He said buyers of such trucks consider price and financial return above all other considerations.

Read Full Article