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Peterbilt celebrates production milestone of 100,000th truck

DENTON, Texas — Peterbilt Motors’ Denton, Texas, plant recently celebrated its 100,000th production milestone truck, the Peterbilt Model 389. Introduced in 2006, the milestone truck has the limited-released Model 389X special edition package. The truck was presented to Massey Motor Freight of Nacogdoches, Texas. Troy Massey, company founder and owner, attended the celebration to receive the truck on behalf of his company.  “We are extremely pleased to present the 100,000th Model 389 to Massey Motor Freight,” said Jason Skoog, Peterbilt general manager and PACCAR vice president. “Troy Massey is a longtime Peterbilt customer who recognizes the craftsmanship, performance, and durability of the Model 389 and is the perfect customer to receive this milestone truck.” Founded in 2016 by Troy and Abby Massey, Massey Motor Freight operates a total of 325 units along with Tri-State Vacuum & Rental, also owned by the Masseys. “It is a great honor to receive the 100,000th Model 389 and celebrate this milestone with Peterbilt,” said Troy Massey. “Massey Motor Freight’s long-standing relationship with Peterbilt is based on the common values our companies represent and our commitment to exceed customer expectations.” Peterbilt will end production of the milestone 389 model later this year. Its successor, the Model 589, is available for purchase through any Peterbilt dealer in North America. Production of the new model will begin in January 2024 at Peterbilt’s Denton factory.

Kriete becomes first EV-certified Volvo, Mack dealer in Wisconsin

MADISON, Wis. – The Madison, Wisconsin, location of Kriete Truck Centers has become the state’s first Mack Truck and Volvo Trucks Certified Electric Vehicle (EV) dealer, according to a Sept. 7 press release. To earn this certification, dealers must successfully complete rigorous training and facility upgrades. Headquartered in Milwaukee and family owned since its inception in 1951, Kriete operates 10 locations across Wisconsin. Now that its Madison location was selected as the first to be EV certified, Kriete has similar plans in the works for other locations, including the original dealership in Milwaukee. “Our priority is to serve as stewards for our employees, customers, business partners and the world around us” said David Kriete, president and CEO of Kriete Truck Centers. “As part of this commitment, we’re investing in EV infrastructure at our facilities and with our people, as reflected in our Mack and Volvo certification efforts. “When it comes to where and when we invest, our strategy is to let customer needs drive what we do,” he continued. “As demand for EV support grows in a particular market, so, too, will our certification efforts, in line with continuing to be the best steward to all of our stakeholders.” Volvo and Mack Trucks Certified EV dealerships like Kriete support customers throughout the entire electromobility cycle — from a total cost of ownership analysis, funding, procurement, installment and overall operations. Sales teams have access to a variety of route planning and connected technology tools designed to help customers maximize the performance capabilities and benefits of the zero-tailpipe-emission Volvo VNR and Mack LRe and MDe models. “Volvo Trucks continues to lead the shift with sustainable total transport solutions and have continued working closely with our dealer network to build out the electromobility ecosystem needed to support the growing adoption of the Volvo VNR Electric,” said Peter Voorhoeve, president of Volvo Trucks North America. “We’d like to congratulate Kriete Truck Centers and their employees on becoming a Certified EV Dealership and for their commitment to supporting battery-electric truck customers, a market that will continue to grow as more and more companies seek sustainable transportation options.” Volvo and Mack Trucks designed its Certified EV Dealer program to ensure technicians understand the proper safety procedures when servicing electric drivetrains and components. At its Madison location, Kriete will have four technicians certified to work on the Volvo VNR and Mack LRe and MDe electric trucks, all outfitted with the personal protective equipment necessary to work with high-voltage systems. Certification also includes investments in diagnostics tools, and Kriete Madison has outfitted a dedicated service bay with the equipment needed to safely perform battery-electric truck maintenance and repairs. In addition, Kriete will maintain a stock of key parts and components for the Volvo and Mack electric models to minimize service times and get customers back on the road. “Congratulations to Kriete Truck Centers for its achievement of EV certification,” said Jonathan Randall, president of Mack Trucks North America. “Mack is committed to reducing our carbon footprint and offering new technologies to meet the sustainability goals of our customers. Mack is excited that dealers like Kriete share our passion and are making the investment to be EV-certified so that they’re ready to service and support our Mack LR Electric refuse vehicle and Mack MD Electric customers.”

Run on Less event will track performance of electric trucks in real-world use

FORT WAYNE, Ind. — During the Run on Less – Electric DEPOT, scheduled for Sept. 11-30, the North American Council for Freight Efficiency (NACFE) will track the activity of 21 electric trucks as they’re used in actual freight operations. In addition, NACFE will look at total depot electric energy and fuel for all the trucks per day and what that will mean in total electrical energy if all trucks at the depot are converted to electric vehicles. The Run is designed to help fleets understand the benefits — and challenges — of deploying battery electric trucks in larger numbers. “As trucking works on decarbonizing, fleets are investing in more electric vehicles at their depots which brings with it many benefits but also some challenges, especially around infrastructure and charging,” said Mike Roeth, executive director of NACFE. “Yet leading fleets are tackling those challenges and are giving us access to their operations so we can share what they are learning with the rest of the industry.” The Run will feature a variety of classes of trucks covering a full range of duty cycles, from local runs to long-range hauls. Participants include: Frito-Lay: At Frito-Lay’s Queens, New York, depot, two Ford E-Transit vans will be tracked operating in urban delivery. OK Produce: At OK Produce in Fresno, California, a Freightliner eCascadia and an Orange EV will be tracked in local fruit and vegetable deliveries and terminal tractor applications, respectively. Penske: At Penske’s Ontario, California, location, a GM BrightDrop, a Navistar eMV and a Freightliner eCascadia (a light-, a medium- and a heavy-duty truck) will be followed. PepsiCo: At PepsiCo’s Sacramento, California, depot, two Tesla Semis will be tracked in heavy-load long-haul transport operations. Performance Team: At Performance Team’s Commerce, California, location, two electric Volvo VNRs will be tracked conducting short-haul routes. Purolator: At Purolator’s Richmond, British Columbia hub, a Class 6 Motiv step van and a Ford E-Transit will be tracked in business and residential package delivery. Schneider: At Schneider’s South El Monte, California, location, two Freightliner eCascadias operating in slip-seated drayage will be tracked. UPS: At UPS in Compton, California, a Freightliner Custom Chassis MT50e last mile step van and a Freightliner eCascadia in a middle mile duty cycle will both be tracked. US Foods: At US Foods in La Mirada, California, two Freightliner eCascadias will be tracked in food delivery applications. WattEV: At WattEV’s Long Beach, California location, a BYD 8TT tractor and a Nikola Tre BEV tractor operating at the Port of Long Beach will be tracked. In preparation for the Run, the NACFE team visited all 10 depots and interviewed 122 people about their experience with electric trucks. To view profiles of the participating fleets, click here. “We will be updating the metrics daily and adding videos on a regular basis, so we encourage people to follow the Run to learn from these 10 pioneering fleets,” Roeth said. The Run is made possible by executive sponsor PepsiCo, title sponsors Cummins and Shell, and numerous other event and supporter sponsors.

Used equipment auction values dropping across US markets, report shows

LINCOLN, Neb. — According to the newest Sandhills Global market reports, continuing increases in inventory have resulted in decreased auction values across the heavy-duty truck, semitrailer, construction equipment and farm machinery categories in Sandhills marketplaces. These increases have led to decreased auction values and a wider spread between asking and auction values. “As we continue seeing inventory levels rise across our markets, a corresponding drop in auction values is to be expected,” said Mitch Helman, sales manager for Sandhills. “Asking values are dropping less quickly in some markets. The spread between asking and auction values is especially pronounced for medium-duty construction equipment, medium-duty truck, and high-horsepower tractors.” The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets as well as model year equipment actively in use. Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports for used heavy-duty trucks and used semitrailers are listed below. Full reports are available upon request. Used heavy-duty trucks U.S. inventory level increases paused in August for used heavy-duty trucks. However, an upward trend remains and is expected to continue. Asking and auction values maintained a downward trend that began in the second quarter of 2022, with sleeper trucks falling at a faster pace than day cabs in August. Asking values fell 3.72% month to month and 20.93% year over year following consecutive months of decreases. Auction values declined 2.43% month over month and 28.57% year over year, also following consecutive months of decreases. Used semitrailers Used semitrailer inventory levels were up 3.55% month over month and 59.96% year over year after several months of increases, with the dry van and reefer semitrailer categories leading the way. A downward trend continued for both asking and auction values, with dry van semitrailers exhibiting the most significant month over month value decreases in August. Asking values were up 0.05% month over month and down 23.41% year over year in August. Auction values fell 2.87% month over month and 27.22% year over year following months of decreases. For more information or to request detailed analysis from Sandhills Global, email [email protected].

Stack AV announces plans for autonomous truck development

PITTSBURGH — There’s a new contender in the autonomous trucking industry. Stack AV  announced Sept. 7 that it is entering the ring. The startup, backed by Softbank Group Corp., is operated by Bryan Salesky and Peter Rander. The two also co-founded the now-defunct Argo AI, which was backed by Ford and Volkswagen and focused on the passenger-vehicle industry. According to a press release from Stack AV, the new firm “leverages its self-driving technology to improve efficiency and enhance safety in the trucking industry, while tackling supply chain challenges for its partners and their consumers.” Salesky and Rander hope to revolutionize the way businesses transport goods by providing solutions to trucking industry issues, including a shortage of drivers, lagging efficiency in uptime per vehicle, overarching safety concerns, high operating costs and elevated emission levels. The ultimate goal of Stack AV, according to the release, is to create better and smarter supply chains, improve business outcomes for customers and speed delivery of goods. “As consumer consumption patterns evolve, businesses increasingly need AI-driven, intelligent, and reliable supply chains,” said Salesky, who serves as the firm’s CEO. “With our proprietary technology and expertise as well as the commitment from our long-term partner in SoftBank, we are confident we will revolutionize the trucking and freight industries by driving improvements in efficiency and safety and alleviating supply chain constraints for our customers, helping them reach their goals and advance their missions.” The amount of Softbank’s investment in the startup was not disclosed, but Stack AV’s press release noted that the bank is providing capital, resources and “deep expertise in AI” to help accelerate the firm’s growth and development. “We could not be more thrilled to unveil our autonomous trucking business to the world,” said Rander, who serves as president of Stack AV. “As global commerce continues to become increasingly interconnected, now more than ever businesses have a dire need for more reliable and efficient supply chains, especially in the trucking and freight industries. Leveraging our advanced AI-powered autonomous driving systems, we will improve supply chains for our customers and optimize transportation routes and energy efficiency.” In addition to Salesky and Rander, the Pittsburgh-based company is led by Brett Browning, who serves as chief technology officer. In total, Stack AV employs 150 people, both in the firm’s headquarters and across 15 states. “The transformative power of AI is undeniable and will have a significant impact on our society,” said Kentaro Matsui, head of the new business office at SoftBank Group and managing partner at SoftBank Investment Advisers. “The next decade will be defined by AI, where all social systems will be linked by this technology to solve the most complex societal issues,” Matsui continued. “By applying the strengths of AI-powered technology to the trucking industry, Stack AV will fundamentally change the transportation of goods and supply chains across the globe.”

Biofuels could offer clean energy for trucking — but not yet

BENGALURU, India — India, the current president of the Group of 20 (G20) industrialized and developing nations, has proposed a global biofuel alliance that seeks to accelerate the development of sustainable biofuels to support the global energy transition. The alliance is likely to get an official announcement at the G20 summit that opens this week in New Delhi, and it’s expected that more than 15 countries will sign up to be part of the alliance. The U.S., Canada and Brazil are among a few of the countries expected to join India in such an alliance. What are biofuels? Any fuel produced from agricultural produce or organic waste is a biofuel. Humans have used biofuels since time immemorial — for example, burning wood and manure for cooking, heating and lighting. They’ve gained popularity in recent decades for their potential to deliver cleaner energy than some other sources. Biofuels are categorized based on their source, with each category known as a “generation.” First-generation biofuels are derived from food crops like corn and sugar cane, second generation from inedible vegetation and agricultural waste and third generation from algae. Popular types of biofuels such as ethanol, biodiesel and biogas can be produced from any of these sources and are classified based on the source from which they are produced. For example, ethanol produced from farm-grown corn is classified as first-generation ethanol. Are biofuels always a source of clean energy? Not always. It depends on how the biofuel is produced. A biofuel made from waste or inedible vegetation, with renewable energy to power the production, would have little or no greenhouse gas emissions, making it a clean fuel. But when crops are grown explicitly to produce biofuels — such as making ethanol from corn, soybeans, sugar cane or palm — all the fertilizers and fossil fuels needed to grow, cultivate and process the fuel give it a much larger carbon footprint. “If you look at the full life cycle of producing biofuels, it’s many times not clean,” said Lydia Powell, an energy policy analyst at the New Delhi-based Observer Research Foundation. Powell has followed developments related to biofuels for over two decades. The production of biofuels can also mean land that could have produced food is instead being used for energy. In addition, biofuels can add to the world’s deforestation when land is cleared for their production. Powell pointed to Europe’s imports of palm oil from Indonesia and other East Asian countries to make biodiesel for cars and trucks. Those imports dropped sharply after European Union regulations banned the sale of palm oil and other commodities when they could be linked to deforestation. “They were destroying natural forests to plant palm trees so you produce oil to export to Europe. When you destroy forests, you destroy large chunks of carbon sinks,” Powell said. Those issues have clouded the picture of exactly how sustainable biofuels are and led to skepticism of them as a clean energy option. What are biofuels used for? In addition to powering passenger vehicles for transport, biofuels are used in the freight industry, fueling big rigs, cargo planes and ocean freighters. Once biofuels are made, experts say, they offer advantages over pure fossil fuels by contributing little to no emissions at the tailpipe. The same can’t be said, however, of the gasoline and diesel with which the biofuels are blended. But there’s a hope that the biofuels might completely replace fossil fuels in the future in aviation and in certain kinds of ships. And if the biofuels were derived from organic waste and inedible crops grown on wasteland — not on land reserved for food production, or on deforested land — it would be cleaner. “They are one option among a larger set of solutions,” said Jane O’Malley of International Council on Clean Transportation, a Washington-based independent nonprofit. O’Malley, whose research includes fuel life cycles and exhaust emissions, said the key is to use the right kind of biofuel for the right purpose. O’Malley said it’s essential for countries using biofuels for transportation to move as quickly as possible to produce them with little or no emissions. Experts say biofuels can also contribute to employment and energy security, especially if the crops used to produce them are locally grown. By Sibi Arasu, The Associated Press

Trucking company teams up with tech firm to help end distracted driving

ALISO VIEJO, Calif. — NoCell Technologies, a company that develops solutions to mitigate the use of cellphones while behind the wheel of commercial vehicles, and Christenson Transportation Inc. have joined forces to help reduce distracted driving. Christenson Transportation specializes in hauling high-value, high-risk and time-sensitive freight including tires, pet food, paper, electronics and other general commodities, according to a news release. The trucking company will include the NoCell Platform — a commercial-grade solution that limits smartphone interaction while the vehicle is in motion — on participating drivers’ cellphones to help ensure the safe transportation goods throughout the country.  “We are honored to have Christenson Transportation join the NoCell family to help create safer roadways,” said Sam Inman, NoCell Technologies CEO. “Christenson’s decision to install the NoCell Platform illustrates their commitment to safety and to protecting their drivers and the public.”  “We had a hard time finding a service that met all our needs when it comes to eliminating distracted driving,” said Samuel Barnes, safety supervisor for Christenson Transportation. “But after hearing about NoCell, we found exactly what we needed to make sure our drivers have all the tools they need to stay free of distractions. Thanks to NoCell, we can say that we have made the roads safer.”  

Diesel Laptops releases new diagnostic tool

IRMO, S.C. — Diesel Laptops has launched Truck Fault Codes, a heavy-duty diagnostics tool that allows users to input a fault code and immediately identify and order the necessary parts to complete repair work. “Our technicians have poured over all the data for every commercial truck manufactured the last 20 years,” said Diesel Laptops CEO Tyler Robertson. “But it’s going to save a lot of other people a ton of time, money, and labor. To be able to use Diesel Laptops tools to pull fault codes – or look up codes in your YMM and instantly get parts… It’s a game-changer.” The new Truck Fault Codes tool will give Diesel Repair users diagnostic information alongside the other tools in the Diesel Repair platform, including fault code details and possible causes, repair instructions, step-by-step troubleshooting guides, wiring diagrams, testing procedures, parts lists and aftermarket parts alternatives, a news release stated. “A lot of companies claim to have a way to cross-reference VINs, but the vast majority of VIN decoders on the market don’t really work as well as they should,” Robertson said. “Our tool gets granular. It doesn’t just say you need an air filter or a lug nut– that doesn’t really help. The VIN to Part Number tool serves its purpose and lets you know exactly which part you should get.”

Don’t expect self-driving trucks to take over the highways any time soon 

COLUMBUS, Ind. — During the OUTLOOK 69, Market Vitals seminar, presented Aug. 22-24 by ACT Research, many attendees expected answers about autonomous trucks. When will they be implemented on a large scale, and where?  The answers to those questions might be surprising.  Several presenters spoke about the use of autonomous vehicles, with the consensus being that the technology simply isn’t there yet and there’s a lot remaining to be done.   Steve Tam, a vice president and analysts for ACT, noted that the level of investment in autonomous vehicles has slowed recently. He pointed out that Waymo, Google’s autonomous vehicle offering, has abandoned its work on autonomous trucks to focus on driverless taxis. TuSimple, another developer of autonomous technology, announced it is trying to sell its U.S. operations and concentrate on its products in China. The autonomous tech firms continuing their efforts in the U.S. are finding that fewer carriers are entering partnerships, and investment cash is harder to come by.  Tam explained that most of these developers operate with “seed money” and are not selling actual products yet, adding that this model isn’t sustainable. Efforts by truck manufacturers are supported by dollars from the non-autonomous vehicles they sell, so they may fare a little better in the long run.  John Diez, CFO of Ryder, also addressed the topic, saying that expecting autonomous Class 8 trucks is “a bridge too far.” Ryder operates more than 260,000 trucks.   Perhaps the most impactful presentation, however, was made by Wiley Deck, the former acting administrator of the Federal Motor Carrier Safety Administration. He currently serves as vice president of government affairs and public policy for Plus, a Santa Clara, California-based Plus provider of automated driving solutions.  Deck began by declaring that the timeline for autonomous trucks keeps getting pushed back. He pointed to technology and regulatory issues as reasons for the delays, pointing out that some pundits have incorrectly claimed we’d see autonomous trucks in five years.  He followed with a reassurance that autonomous trucks will not take driving jobs away from human operators.  “The average age of the commercial truck driver is 50,” he said. “The average age of new CDL recipients is 32. Those people will retire as truck drivers, if they so choose.”  Going one better, Deck continued, “In fact, if you’re 18 years old and just beginning a career in Intrastate truck driving, you can retire as a truck driver if you choose.”  As testing of autonomous vehicles continues, new issues are discovered, he pointed out. In addition, he said, human operators have valuable intuition in various driving situations, something machines just can’t duplicate.   “When a driver sees a ball rolling into the road, he knows to look for children chasing after it,” he said. “A machine doesn’t know that.  The need for development of “smart trailers” was next on Deck’s list.  “What if a trailer blows an inside tire?” he asked. “That’s an out-of-service condition that a driver knows has to be dealt with. But what if the autonomous truck doesn’t know?”  He used other examples, such as an improperly latched trailer door coming open or an ABS system not working properly. Deck noted that sensors could be incorporated to help machines “learn” these things and others, but that adding sensors creates more opportunity for equipment failures to shut down the truck.   The need for consistent regulation was also on Deck’s mind. He spoke about how different states approach autonomy: Some states limit the circumstances under which it can be used while others prohibit autonomous vehicles altogether.  A common attitude is that a driver must be at the wheel, ready to take control of the vehicle. That’s fine during testing, but in the long run, it negates the purpose of having an autonomous vehicle to begin with. 

Muftar creates artificial intelligence to help with transportation logistics

ATLANTA — Software-as-a-service company Muftar has launched an artificial-intelligence platform for the trucking and transportation industry that’s designed to improve logistics planning and reduce costs. “Truck drivers are the fundamental supply chain link that keeps goods and the economy moving,” said Mehmed Tiro, CEO of Muftar. “I designed Muftar around what would help make their experience simpler and the result is a platform that automates day-to-day processes and offers valuable AI-driven data analytics to help our industry flourish.” According to a news release, the Muftar platform features: Real-time data analytics — Provides insights into market trends, demand patterns and operational inefficiencies. Automated workflows — Minimizes human error that can result from routine tasks like invoice processing, load assignment and payment tracking. Adaptive learning — User behaviors, industry trends and feedback enable the platform to provide solutions that are ahead of industry needs. Driver app — Offering features like real-time tracking, digital bills of lading and efficient route planning, it allows drivers to manage deliveries effortlessly. Carrier dashboard — Provides fleet management, shipment tracking and digital paperwork. The dashboard enhances efficiency with real-time tracking and effective load management and improves communication between fleet management, drivers and dispatchers. Broker dashboard — An integrated platform specifically designed to manage and streamline complex logistics tasks so freight brokers can optimize workflow and improve service quality. “Muftar’s software helps trucking companies streamline their billing processes, reducing administrative costs and improving cash flow,” the news release stated. “By automating the invoicing process, companies can generate accurate invoices quickly and track payments, ensuring that they get paid on time. Additionally, efficient logistics planning reduces delivery times and empty miles, and optimized routes reduce idle time, enabling carriers to lower fuel costs.” According to Tiro, initial tests helped one trucking company improve its efficiency by 8% over a three-month period. “Instead of focusing on time-intensive, repetitive processes, Muftar automated these systems and enabled drivers to focus attention on improving their productivity. In the end, the company was able to hire three new drivers,” Tiro said. “Recent news of looming strikes and trucking bankruptcies prove now more than ever is the time for innovation and streamlined processes that connect shippers and carriers, improve operational efficiencies and, overall empower drivers to do their jobs.”

Regular inspection, maintenance can help improve tire performance

Tires are second only to fuel in annual expenses for motor carriers both large and small. With a new set of truck tires costing $2,500 or more — plus the cost of repair and replacement for damage, including road service calls — it’s no wonder tires take up such a large amount of the budget. Sadly, much of the expense for tire replacement and road service could be avoided with a few simple precautions. Even without service, the service life of the tires on a truck can be extended. Modern tires are built to run longer, and they provide greater traction and require less fuel to turn than ever before. No matter how new the technology however, improper inflation, overloading and damage from road objects are still tire-killers. In some cases, it happens quickly; in others the damage builds over time, but the result is the same — you need a new tire. Choosing the right tires is a critical step. Some buyers simply look for the best deal they can find. That’s a great way to ensure that you’ll be looking for another deal sooner than you expected. It’s easy to find reviews and ratings of each brand of tire and its manufacturer on the internet, so do your research. But before you can choose a tire brand, you’ll need to determine what type of tire you’ll need. If you run heavy loads, you’ll need a tire with a larger weight rating. Do you drive off-road (including dirt or gravel parking lots), or maybe put on a lot of miles in winter weather? A lug type tread pattern might be best for you. On the other hand, if traction is a little less important and higher fuel mileage is your goal, choose a ribbed tire. Whatever type of tire you need, ask around for brand advice. You’ll find plenty of opinions about which brands last longest, which manufacturers have the best warrantee, and which to avoid altogether. Once you’ve bought your new tires, inspection and inflation are keys to getting the most from them. A thorough daily inspection is mandatory. Damage can occur that can’t be seen unless you check carefully, including the sidewalls between tandems or inside, next to the frame rails. Sidewall damage can include cuts, punctures and scrapes, as well as bulges (bubbles of air trapped between the sidewall layers). Most sidewall damage will eventually cause the tire to fail, which could lead to damage to your truck or even an accident if the failure happens at a critical moment. Check the tread, too. Drivers and tire technicians are often amazed at the objects that get stuck in tire treads. Nails and screws are common, but objects such as cigarette lighters, table forks, keys and more have worked their way into tire treads. Inspect the tread often, removing any foreign objects found as soon as possible. Timing is important, because objects can work their way into the tire interior over time, so an object that hasn’t created a puncture at the moment could be the cause of a flat tire later. When examining objects lodged in the tread, listen for air leaks. If there’s any doubt about a leak, a simple cup of water can be very revealing. Pour the water on the object or the tread around it and watch for bubbles. Even a tiny leak will cause some bubbling. If a leak is found, get it repaired as soon as you can. The longer you wait, the more damage will be done. When it comes to inflation, many drivers never go farther than using a hammer, a tire “thumper” or a boot to determine inflation. True, whacking a tire is a good way to tell if it’s inflated or flat — but it doesn’t provide a good estimate of the inflation level. Inflation level can be critical. In a tandem setup, for example, just a few pounds difference in the inflation of two side-by-side tires can have catastrophic results. If one tire is lower than the other, the tire with the greater inflation takes on more weight. This causes heat to build up, which can result in a blowout. That heat can also damage the internal wrappings of the tire, so the blowout may not occur today … but it very well might later. The underinflated tire bears less weight but generates more heat because of the continual flexing of the tread as it rotates. Heat destroys tires. In some cases, the overloaded tire fails, but it may do so without blowing out. The driver may not hear the failure; meantime, the remaining tire in the tandem is now supporting the weight previously held by two tires. Eventually, it too will fail. That’s likely the scenario when you spot a truck on the side of the road with two blown tires on the same axle. Every driver should have — and use — a quality tire gauge to measure tire pressure in each tire on the vehicle. Pressure changes when tires heat up, so check them before starting out, when possible. Remember that the sun shining on tires can add a few pounds of pressure by heating the air inside, so don’t make adjustments based on the initial measurement alone. It’s a good idea to carry an air hose that attaches to the emergency tractor glad-hand. Such a setup can be used to fill tires anywhere the truck engine can be run. The hose can also be used to blow dust and dirt from the radiator or to power polishers, grinders and other pneumatic equipment. Finally, tire inspection should be ongoing, because damage can occur at any time. Make it a habit to look at the tires when you stop. For example, you can inspect the tires on one side of the truck and trailer while walking to the restroom, then the other side while walking back. This is where use of a tire thumper helps in identifying a tire that’s low or flat. After driving through an area with debris or any rough surface, it’s best to inspect again. Take good care of your tires and they’ll take good care of you.

DelDOT launches Smart Roadways Traffic Alert System for trucks 

DOVER, Del. — The Delaware Department of Transportation (DelDOT) has begun transmitting traffic safety notifications to commercial truck drivers, a program delivered in partnership with Drivewyze and its Smart Roadways services. All freeways in the state will be covered by the alerts, according to a news release. “Smart Roadways is an agency-sponsored notification service that extends public highway safety programs into the cabs of commercial trucks,” the news release noted. “In Delaware, the new Traffic & Congestion Alerts service allows commercial drivers to get real-time notifications of upcoming traffic congestion and sudden slowdowns. The new traffic alerts supplement the Drivewyze safety notifications that truck drivers already receive in Delaware, including high rollover areas, low bridges, and railroad crossings.” The DelDOT alerts program notifies truck drivers about hazardous locations, such as drastic speed changes or heavier than normal congestion is detected, using visual messages such as “sudden slowdown ahead” along with an audible chime. The alerts are configured to allow ample time for trucks to slow down or stop, as they require more deceleration time than passenger vehicles. “We are continually working to improve safety on our roads and Smart Roadways will benefit commercial drivers across the state by providing critical in-cab traveler information where and when drivers need it most,” said Delaware Secretary of Transportation Nicole Majeski. “Studies have shown nearly 30% of collisions occur on interstates, and many are secondary incidents, where a vehicle is rear-ended when in a queue from an initial crash. This program will help reduce those numbers.” The Traffic & Congestion Alerts service was developed through an exclusive partnership between Drivewyze and INRIX. “Leveraging INRIX traffic data, this service allows DelDOT to send real-time alerts to truck drivers through the Drivewyze software application, which is embedded in existing compliance equipment like electronic logging devices and runs on mounted mobile devices,” according to the news release. “DelDOT notifications are also available for free on any Android smartphone (and soon iOS phones) for all truck drivers who download the Drivewyze app-no subscription to Drivewyze PreClear weigh station bypass or Safety+ is required.” Delaware is the 7th state to implement Smart Roadways in partnership with Drivewyze, which operates the largest connected truck network in North America. DelDOT will monitor the alerts program’s performance using anonymized truck data to determine the program’s connected truck reach and impact on driver behavior (such as reductions in speed and hard braking). “This connected truck network offers DelDOT an opportunity to safely extend highway safety programs and traveler information systems directly into motoring vehicles, increasing the safety and productivity of the trucking industry while improving highway safety for all motorists,” the news release stated. 

Exploring EVs at ACT Research’s Market Vitals conference 

COLUMBUS, Ind. — Electric vehicles (EVs) — trucks in particular — were on the minds of attendees at ACT Research’s 2023 Market Vitals conference, held Aug. 22-24.  On Wednesday, Aug. 23, Workhorse President Rick Dauch shared details about the status of the industry, including when and where we are most likely to see commercial EVs deployed. Dauch says Workhorse has focused on Classes 4-6 vehicles.  “That’s the area where the trucking industry will see initial success,” he said. According to Dauch, routes served by Class 4-6 trucks form the niche of trucking that is closest to being met with current technology.  According to data presented by ACT, smaller trucks used on local routes will provide the fastest return on investment; the higher cost of purchase is eventually recovered in reduced fuel cost. It would seem the Class 4-6 market is easiest to fill because 71% of the routes serviced by these trucks are 100 miles or less. Increase those routes to 150 miles, and the percentage becomes 97%. Most of the current models of Class 4-6 EVs can meet that range.   Dauch noted that there are numerous startup companies vying to sell electric trucks. He says not all of them will make it because supply and demand for electric trucks is not yet established yet. In other words, no one knows for certain how well electric trucks will work in their operations; because of this, they will be buying cautiously, if at all, until the technology has been proven in their fleets. Startup companies usually obtain seed money from investors, stock sales or other means, but can only operate so long without turning a profit — and no one is yet selling enough EV trucks to turn a profit.  So, what about those electric Class 8 tractors on long-haul runs with 53-foot trailers?  “Not gonna happen,” Dauch stated, going on to explain that long-haul carriers can’t invest in electric Class 8 tractors until an infrastructure exists for charging them — and that’s years away. Carriers that use Class 8 equipment on local runs may find a use for electric rigs, but some locations are reporting wait times of up to two years for installation of transformers and other equipment to power chargers from the grid.   Dauch also pointed out that the U.S. lags behind both Europe and China in implementation of EVs, primarily due to government mandates. In the U.S., all eyes are on California and CARB requirements. Beginning next year, 9% of all Class 4-6 vehicles purchased in California must be zero-emissions vehicles (ZEVs). That number grows to 20% by 2027, and to 50% by 2030.   The same rules stipulate that 5% of the Class 8 vehicles sold in California next year must be ZEVs. That goal may be a little harder to reach, but developments in technology could ease the transition. By 2036, all vehicles sold in the state must be ZEVs.  Those that live outside of California shouldn’t rest easy. Currently, 16 states have either adopted or are considering adopting the same standards, Even the Environmental Protection Agency is considering making the standards national. President Joe Biden has indicated his support for implementing the CARB standards nationwide.   In the meantime, Workhorse and other manufacturers are pressing forward with development of their models. Workhorse products include the W4 CC cab and chassis with a payload of 5,000 pounds; the W750 Step Van, also 5,000 pounds; and the W56, which boasts a 10,000-pound payload.  I had a chance to test drive the W56 this week, and found it to be an enjoyable drive.  The dash controls are sparse compared to a typical Class 8 tractor, but there are fewer systems to monitor. The push-button transmission offers only drive, reverse, neutral and park.  Since the van is enclosed, the rear-view mirror mounted on the windshield seemed superfluous … until I threw the transmission into reverse. While backing, a view of the area behind the vehicle appeared in the mirror. When placed in Drive, a split view showing the area to the rear is displayed, along with views of blind spot areas on either side.  The truck was very quiet, with the loudest noise coming from the electric power-steering pump. Acceleration was smooth and quick. The biggest difference in performance came from the W56’s regenerative braking feature. When the throttle pedal was released, the vehicle slowed as if the brakes had been applied. The brake pedal was not used at all to slow the truck (which was empty).  It takes a little getting used to, but as the vehicle slows electricity is routed back into the battery to lengthen the truck’s range.  Questions about the power grid and charging infrastructure remain, of course, but if the Workhorse W56 truck is any indication of what’s to come, the future is looking good for electric vehicles in trucking. 

Lytx DVIR offers enhanced customizable features to help fleets, drivers ensure safety

SAN DIEGO — During the Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week, which began Aug. 20 and continues through Aug. 26, truck drivers across North America are taking special notice of their brake systems. The goal of this annual inspection blitz is to increase the industry’s awareness of brake safety and help ensure commercial vehicles remain safe and compliant. A properly inspected and well-maintained brake system results in safe braking, which helps to reduce the number of highway crashes caused by faulty brakes. To avoid violations, CVSA recommends thorough brake inspections as noted in its vehicle inspection checklist. Mandated by the Department of Transportation, Driver Vehicle Inspection Reports (DVIRs) are designed to help commercial fleets and operators to maintain safe brakes and a compliant vehicle. DVIRs can also identify and address issues with other essential vehicle components and systems, such as fuel tank, lights, tire pressure, etc. The Lytx DVIR solution provides drivers and fleet managers with a comprehensive yet simplified, electronic option for vehicles outside the ELD mandate. The system includes a customizable checklist that can be seamlessly accessed through the Lytx Driver App and Lytx Account. Drivers simply sign into the Driver App using their existing Lytx account to complete each inspection from their smartphone or tablet. To enhance reports and help mechanics better understand issues with a vehicle or trailer, drivers can upload photos and video (up to 3 seconds) to save valuable time and expedite repairs. To further help fleets stay on top of their brake systems and overall vehicle safety, Lytx DVIR recently added customizable enhancements to help drivers and fleet managers perform more thorough and proactive reporting, as well as further streamline their maintenance programs. Walkaround photos: Drivers can now be instructed to capture and submit four walkaround photos via the Driver App, giving managers a more complete 360-degree view of the current condition of the vehicle. Multiple inspection lists: Managers who require periodic supplemental inspections can now create multiple lists for select vehicles and trailers that direct drivers to inspect specific items. Email Notifications: To avoid constantly checking each individual DVIR, managers can stay on top of key issues by opting to receive new proactive email notifications that can be customized based on specific items, such as the type of vehicle defect (major, minor, both, etc.). Scheduler Enhancement: For fleet managers who prefer more flexibility and customization when scheduling periodic inspections, the new scheduler enhancement tool allows for routine maintenance inspections to be set up in advance and tracked for a specific time period (daily, weekly, monthly, quarterly, yearly). For more information about the Lytx DVIR, click here.

Fleet Advantage to offer free safety audits for Brake Safety Week

FORT LAUDERDALE, Fla. — Fleet Advantage will be offering complimentary fleet audits in conjunction with the Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week, which is ongoing until Aug. 26. To schedule a complimentary fleet audit email [email protected] or click here. Brake Safety Week is an annual commercial motor vehicle brake-safety inspection, enforcement, and education initiative conducted by law enforcement jurisdictions in Canada, Mexico and the U.S. Throughout the week, inspectors focus on conducting their North American Standard Level I and V Inspections to identify any out-of-adjustment brakes and violations to then capture and report this brake-related data to CVSA, with the results to be released in the fall. Brake-related violations represent the largest percentage of out-of-service vehicle violations during roadside inspections. According to last year’s three-day International Roadcheck, brake system issues resulted in the largest percentage of violations, accounting for 25.2% in the U.S., Canada and Mexico combined of all vehicle out-of-service violations. Preparing for the inspection, drivers should conduct thorough pre-and post-trip inspections, paying attention to all visible portions of brake pads and linings. Additionally, maintenance personnel should inspect for missing linings, check drum clearance and be vigilant for signs of rust jacking, cracks and voids in the lining. “Addressing out-of-adjustment brakes and brake system violations is crucial for all fleets, in addition to many other safety components,” said Brian Antonellis, senior vice president of Fleet Operations for Fleet Advantage. “Today’s transportation needs require fleets to find asset management partners that can provide value-added services including Fleet Services with boots on the ground to mitigate critical safety and overall maintenance issues. By ensuring proper installation, inspection, and maintenance of brake systems and fuel costs, fleets can enhance safety and contribute to reducing the number of highway crashes.”

US Class 8 truck sales still strong despite losing steam in July

U.S. sales of new Class 8 trucks in July were higher than in the same month of 2022, according to information received from Wards Intelligence. Manufacturers reported U.S. sales of 21,021 units in July, the lowest total since February but still up 2.5% from the same month of 2022. If the trend continues, August could mark the first time in 2023 that monthly sales were lower than in the same month last year. Compared to June sales numbers, 3,064 fewer trucks were sold, a decline of 12.7%. For the year to date, manufacturers have reported sales of 156,864 Class 8 trucks on the U.S. market, up 18.1% (23,797 units) from the same point in 2022. Early projections for 2023 predicted sales would fall off as the economy entered a recession and freight rates bottomed out. Those projections have mostly been revised, with the recession delayed (if it occurs at all), and truck sales remaining strong. Orders for new Class 8 trucks in July were anticipated to top 16,000, exceeding orders in July 2022 by 45%. Typically, July is a slow month for orders because manufacturers are closing their books for the current model year and have yet to start taking orders for the next one. “July is the traditional low-water mark for monthly order placements,” said Kenny Vieth, president and senior analysts at ACT Research. “2024 orderboards are not yet, or just barely open, making the opportunity for bigger numbers elusive.” Eric Starks, chairman of the board at FTR Intelligence, commented. “We had expected net orders to fall below 10,000 units monthly several months ago as fleets wait for OEMs to open 2024 build slots, but that did not occur.” The used Class 8 market declined in sales volume from June numbers by 4%, according to ACT’s “State of the Industry: U.S. Classes 3-8 Used Trucks,” but other numbers were favorable to prospective buyers. Compared with July 2022, sales have increased by 34%, due at least in part to greater used truck inventory. At the same time, the average price of a used Class 8 truck has fallen 28%, and average miles and age have also fallen. That’s good news for buyers who have been waiting for the market to loosen up. One factor that will impact truck markets in some way is the bankruptcy of Yellow Corp. The company’s website sports the claim that it was the fifth-largest transportation company in the U.S., handling 90,000 freight shipments daily. While negotiations continue for financing to allow continued operation at the time of this writing, it’s certainly possible other carriers could purchase part or all of the company’s assets, including trucks, and continue at least a part of the business. Unless and until that happens, however, Yellow customers must look elsewhere for their shipping needs. Carriers that get that freight will need more trucks and trailers to handle it, resulting in more pressure on manufacturers to keep the assembly lines going. Carriers who acquire more pick-up and delivery routes may turn to irregular-route carriers for some of the linehaul operations, increasing their need for equipment and drivers. Drivers might also be at a premium for some carriers that are trying to pick up additional business. While an estimated 22,000 former Yellow drivers may be in the market for new jobs, most will be competing with non-union drivers for available positions. As for the individual OEMs, Freightliner led the way once again with sales of 7,610, down 15.4% from June’s 8,991 and down 3.1% from sales of 7,855 in July 2022. For the year to date, the company has sold 20.5% more trucks than at the same point in 2022. Volvo sales of 1,944 slipped 19.1% from June sales of 2,403 and were down 8.4% from sales in July 2022. Year to date, the company is up 3% from July last year, the smallest increase of any of the major manufacturers and far below the industry average of 18.1%. Volvo sibling Mack Truck sold 1,336 trucks on the U.S. Class 8 market in July, a decrease of 21.7% from June but 5.5% better than June 2022. Year to date, Mack is outperforming the market with a 19.7% increase over sales at the same point last year. International’s 3,039 sold in July was a decrease of 11.3% from June’s 3,426 but was a blistering 36.3% improvement over June 2022 sales numbers. Year to date, the company is 6,516 trucks (41.6%) ahead of last year’s pace. July was the fifth consecutive month of U.S. sales over 3,000 units for International. Kenworth reported sales of 3,026 in July, down 13.8% from June sales and down 1.3% from July 2022. Year to date, the company has sold 21,745 Class 8 trucks on the U.S. market, up 14.6% from last year’s pace. Peterbilt, the other PACCAR OEM, reported sales of 3,325 in July, up 2.5% from June but down 2% from July 2022. Year to date, Peterbilt’s 22,121 leads Kenworth and is 7.7% ahead of last year. Western Star sold 681 Class 8 trucks in July, a decline of 7.2% from June sales of 734 but 23.4% ahead of July 2022 sales. Year to date, they are 12.7% ahead of sales at the same point last year. The company is on pace to top annual sales of 7,400 for the first time since being acquired by Freightliner in 2000 (and possibly in its history). The 2023 market share breakdown shows Freightliner in the lead with 38.6% of reported U.S. sales, followed by International with 14.1%. Peterbilt also shows 14.1% but, with 63 fewer trucks sold, trails International by four-hundredths of a percentage point. Kenworth is close at 13.9% of reported sales, followed by Volvo with 9.8% and Mack with 6.6%. Western Star, even with its great year, is at 2.8% of the market, and Tesla, just getting started with sales, has cracked 0.1% of the market with sales of 195 for the year. Expect Class 8 truck sales to remain strong for the remainder of the year.

CVSA’s Brake Safety Week begins Aug. 20

WASHINGTON — The Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week is set for Aug. 20-26. During Brake Safety Week, commercial motor vehicle inspectors highlight the importance of brake systems by conducting inspections of their components and removing commercial motor vehicles found to have brake-related out-of-service violations from our roadways until those violations are corrected, according to the CVSA. Throughout Brake Safety Week, CVSA-certified inspectors will conduct their usual inspections; however, in addition, they will be reporting brake-related inspection and violation data to the Alliance. CVSA will compile that data and publish a press release this fall with the results. “The focus of this year’s Brake Safety Week is on the condition of the brake lining and pad,” said CVSA President Major Chris Nordloh with the Texas Department of Public Safety. “Brake lining and pad issues may result in vehicle violations and could affect a motor carrier’s safety rating.” When inspectors conduct the brake portion of a Level I or Level V Inspection, they will: Check for missing, non-functioning, loose or cracked parts. Check for contaminated, worn, cracked and missing linings or pads. Check for S-cam flipover. Listen for audible air leaks around brake components and lines. Check that slack adjusters are the same length (from center of S-cam to center of clevis pin) and the air chambers on each axle are the same size. Ensure the brake system maintains air pressure between 90-100 psi (620-690 kPa) and measure pushrod travel. Inspect for non-manufactured holes (e.g., rust holes, holes created by rubbing or friction, etc.) and broken springs in the spring brake housing section of the parking brake. Inspect required brake system warning devices, such as anti-lock braking system (ABS) malfunction lamp(s) and low air-pressure warning devices. Inspect the tractor protection system, including the bleedback system on the trailer. Ensure the breakaway system is operable on the trailer. Brake safety awareness, education and outreach are major elements of the Brake Safety Week campaign. CVSA has outlined the brake-system inspection procedure (noted above) so that drivers and motor carriers know exactly what inspectors will be checking during roadside inspections. “This transparency aims to remind drivers and motor carriers to take proactive steps to ensure their commercial motor vehicles are safe and compliant with Federal Motor Carrier Safety Regulations,” CVSA officials said. “Improperly installed or poorly maintained brake systems can reduce the braking capacity and stopping distance of trucks or buses, which poses a serious safety risk.”

Autonomous ‘truckport’ opens in Georgia

KNOXVILLE, Tenn. and MOUNTAIN VIEW, Calif. — It may sound like something out of the latest sci-fi film, but Georgia’s new truckport is the reality of trucking’s ever-changing landscape. It’s the brainchild of self-driving trucking firm Kodiak Robotics and truck stop giant Pilot Company. The facility, located at the Pilot travel center in Villa Rica, Georgia, will be used by Kodiak to launch and land autonomous trucks and will serve as a hub for drivers to pick up and drop off first-and last-mile deliveries, according to a news release. The Villa Rica truckport will support Kodiak’s 18,000-mile-long autonomous deployment network, the industry’s largest and most robust set of mapped routes for self-driving trucks. “Partnering with Pilot Company to build the Villa Rica truckport ensures that we have access to the truckport services we need, utilizing Pilot’s industry-leading travel center network,” said Don Burnette, founder and CEO of Kodiak Robotics. “This partnership, combined with Kodiak’s flexible technology stack, enables our scalable, asset-light approach to building our truckport network. The freight lane between Dallas and Atlanta is critical to the nation’s supply chain and economy, and this truckport enables us to refine our operations model as we continue to grow.” The new truckport in Villa Rica will serve as an eastern satellite hub for Kodiak’s network, while the company’s Dallas-Fort Worth hub will continue to serve as the main terminal for its autonomous truck fleet, the news release noted. It also serves as a model for future Kodiak truckports, which are designed to be highly scalable due to lean infrastructure requirements. Additional comprehensive services at the truckport will include refueling at the Pilot Travel Center, light maintenance and pre-trip inspections, including Enhanced Inspections specifically designed for self-driving trucks. “Pilot Company rigorously tests ways to integrate new technologies, including autonomous trucks, to maintain our safety-first focus and continue fueling the trucking industry,” said Brandon Trama, director of strategy and business development at Pilot Company. “Working with Kodiak aligns with our emphasis on improving the quality of life for professional drivers. Autonomous trucks focus on the long, repeatable highway miles, leaving the more enticing local, first- and last-mile deliveries for professional drivers who can stay closer to home.” In August 2022, Pilot Company announced that it had made a strategic investment in Kodiak and joined its Board of Directors. Kodiak and Pilot are exploring further expansion within Pilot’s national travel center network. The opening of the Pilot Villa Rica truckport follows Kodiak’s recent partnership announcements with Loadsmith, C.R. England and Tyson, IKEA, Werner, Forward and more.

EchoDrive adds automated carrier negotiations

CHICAGO — Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services, is adding automated carrier negotiations to EchoDrive, its online carrier platform. With this new feature, carriers can submit a bid on available loads and receive an instant notification of acceptance or counteroffer, accelerating the bidding process and streamlining the booking of available freight, a news release stated. “Echo continues to pursue innovative transportation technology with our automated carrier negotiation system,” said Dave Menzel, president and chief operating officer at Echo. “This new process, combined with our advanced load-matching algorithm, allows carriers to now find available freight and book it in an automated manner within seconds, eliminating inefficiencies associated with the time carriers spend gaining access to freight.” Echo’s automated negotiation capabilities allow dispatchers to locate available shipments they’re interested in and book digitally — even if the listed Book Now price isn’t a good fit, according to the news release. The platform’s algorithm determines if a bid is within the threshold Echo is willing to accept and, once the carrier bid has been input, they receive a rapid, automated response either accepting, counteroffering or rejecting the bid. This new feature functions via EchoDrive, Echo’s web portal, which gives carriers real-time access to search, view and bid on available loads. “We’re excited to offer automated negotiation capabilities that give our carriers real-time feedback on the rates they’ve submitted,” said Jay Gustafson, executive vice president of brokerage operations. “This new negotiation process simplifies transportation management for EchoDrive carriers by providing a seamless booking experience, powered by our behind-the-scenes algorithmic intelligence.” Echo Global Logistics now has an automated carrier negotiation feature for its online platform EchoDrive.

The rise of electric vehicles

DETROIT — As the transition toward electric vehicles (EVs) continues to gain momentum, the industry is taking this green mobility revolution to the next level. With EV infrastructure becoming more accessible, investors pay attention to this trend as consumers embrace the new technology. Auto veteran Ford and EV superstar Tesla announced a deal to share access to charging networks. The news lifted both companies’ stock prices by over 7%, signaling investors to view the partnership as a net positive for the industry. The pace of the EV transition is accelerating. An anticipated two-thirds of all new cars in the U.S. will be electric vehicles (EVs) by 2032, according to recent auto emissions standards proposed by the Biden administration, positioning the U.S. to lead the clean vehicle revolution. And big rig companies like Volvo, Daimler and Nikola are ramping of production of Class 8 tractors. Meanwhile, major American automakers like General Motors have committed to retiring the combustion engine by the middle of the next decade, releasing only zero-emission models from 2035 onwards. Petroleum-powered cars and trucks will soon become a relic of the past. Even as the trend gains momentum, investors have plenty of potential to tap the EV market and grow residual income over the long term. According to a 2023 report from Goldman Sachs, EV sales will soar to about 73 million units in 2040, up from around 2 million in 2020. Experienced investors in the space are repositioning themselves to optimize their returns in this rapidly evolving market. However, what approach is ideal for regular investors looking to increase their exposure to this industry as part of a deliberate long-term investment strategy? Shifting up a gear The EV market has shifted up a gear in the years following the pandemic, driven by environmentally conscious consumers and government regulations. Industry poster child, Tesla, made incredible gains in the stock market, while international players landed with successful IPOs. Brands like Vietnam’s VinFast and China’s NIO continue to make inroads, with VinFast planning to sell 50,000 vehicles this year – nearly seven times more than their total sales numbers for 2022. These brands’ innovative and reasonably priced models make EVs more accessible worldwide to a broader swathe of drivers. NIO is rumored to enter the American market in 2025. VinFast became the first Vietnamese automaker to sell cars in the U.S. earlier this year. These brands give investors more options for diversifying their portfolios. As competition grows, stock picking in this sector is getting more nuanced. For instance, while Tesla remains the undisputed industry leader and, like Apple, is unmatched in profit margins, China’s Li Auto is growing faster. According to a recent analysis by Pacifica Yield, it can convert much more of its revenue to positive operating cash flow . Investors don’t need to choose between exclusive EV brands anymore. Familiar brands like Chrysler, GM, and Volkswagen are also on the playing field. All have announced ambitious transition plans as they phase out traditional cars in the coming years. This plan is a testament to the generational shift to EVs over the next decade. Parallel verticals EVs are about more than just the cars themselves. The supply chain to get electric wheels on the road offers more fertile ground for investment. Adding exposure to upstream industries like lithium mining to one’s portfolio is one option. The mineral is fast becoming ‘the new oil’ as it is needed to make the batteries that power EVs. McKinsey predicts demand for lithium-ion batteries will continue to grow at a compound annual growth rate of 30% over the next decade. Industry analysts recommend broadening this energy exposure even further to other sustainable sectors. “Aside from EVs, renewable sectors that are good for investment include solar, wind, and hydrogen fuel cell technology,” says Jorey Bernstein, CEO of Bernstein Investment Consultants. “These sectors have similarities with EVs in that they are all environmentally friendly and sustainable sources of energy.” Broadening exposure to the minerals that power EVs promises to increase yields should the industry grow as expected. This exposure provides an attractive option for passive investors who usually focus on leading index-tracking ETFs rather than picking market stars like Tesla. The outlook for EV investing appears promising. The sector is expected to soar with growing environmental awareness and technological innovation. Government support is also a boon. The tax credits for EV purchases have attracted car owners looking for more ways to save on federal tax filings. The days when having EV exposure was confined to holding Tesla stock are long gone. The range of investment options within the industry today is diverse and expanding. However, challenges like competition, regulatory uncertainties, and issues around supply chain resilience remain. Despite these hurdles, the continued global push towards EV adoption means the space will likely remain a hot spot on the investing map for future years. The Trucker Staff contributed to this report.