Greening the Road: The Rise of Electric Heavy Goods Vehicle in Trucking
The transportation sector is undergoing a significant transformation with the rise of electric vehicles (EVs). Particularly in the supply chain industry, the adoption of Electric Heavy Goods Vehicle (e-HGVs) is gaining momentum.
The Growing Trend of Electric Vehicles
Key factors driving the rise of EV include:
1. Technological Advancements
With advances in battery charging technology, EVs can drive longer distances, making them suitable for extended trips that were once only possible with diesel vehicles.
For charging of EVs batteries, there are 2 options available for drivers:
- Charging of battery at charging point
- Battery charging and swapping/Battery as a Service (BaaS)
BaaS is rare as it requires specialised support and a network of swapping stations. Yet, the challenge has sparked renewed interest in China for battery swapping stations. As of 2023, there’s a total of 3,567 battery swapping stations in China. This helps to reduce drivers’ waiting time at and for a charging point, allowing to get back on the road faster.
There is also government support to promote production of battery cells for EVs and energy storage systems in Thailand. This support will be provided through financial assistance from the Competitiveness Enhancement Fund, with additional benefits potentially available under the Competitiveness Enhancement Act for qualifying companies.
These technological advancements makes electric trucks a more viable option for long-distance hauling. helping to reduce emissions and improve sustainability in the trucking industry.
2. Net Zero Commitment
As part of the Paris Agreement, governments worldwide are implementing stricter emissions regulations to achieve the following:
- Reduce emissions by 45% by 2030
- Net zero by 2050
In Thailand, the goal is to reach carbon neutrality by 2050 and net-zero carbon emissions by 2065.
To achieve these targets, the local government is incentivising the adoption of EVs through various schemes.
- Special tax deduction (For eligible companies)
- Purchase of EVs manufactured domestically the tax deduction of expenses is 2 times of the actual price of the vehicles
- Purchase of imported EVs, the tax deduction will be equal to 1.5 times the actual price of the vehicles
With such incentives and regulations in place, businesses are more motivated to reduce their carbon footprint and invest in greener solutions.
3. Environmental Benefits
EVs and e-HGVs produce lesser tailpipe emissions, significantly cutting down on harmful greenhouse gases. With the elimination of diesel exhaust, it reduces the presence of harmful pollutants such as nitrogen oxides and particulate matter, contributing to better air quality. Additionally, the engines operate at a lower decibel compared to traditional diesel vehicles, reducing noise pollution in urban areas and along delivery routes.
Haulio's Commitment to Sustainability
Our commitment to greening the road is demonstrated through several initiatives:
1. Electrification of fleet through Partnership
Electrification of the haulage industry will be a major step for the industry towards the Net Zero Commitment. To achieve this, Haulio collaborates with various stakeholders to promote the adoption of EV in logistics.
With Haulio, companies can electrify their fleets in a way that is both commercially and operationally sustainable. For hauliers, Haulio can help make the transition from diesel to e-HGVs. While for shippers, we will be offering EV trucking options to support your sustainability goals.
2. Innovative Solutions
Besides embarking on fleet electrification, Haulio’s suite of smart solutions helps to enhance the efficiency of trucking services. Allowing users to embark on a transformative journey in haulage, transitioning from handwritten to cloud-based and mobile applications.
Conclusion
The rise of e-HGVs is a promising development for the logistics industry, offering a path towards a more sustainable future. As a digital haulier, Haulio aims to lead the change for a more sustainable future, demonstrating to our stakeholders that it is possible to achieve both economic and environmental goals.
With smart solutions and cloud-based technologies, the future of trucking looks greener than ever.
