This fireside chat recap is from FreightWaves’ Enterprise Fleet Summit on Wednesday.
FIRESIDE CHAT TOPIC: Electrifying your fleet through innovative finance models.
DETAILS: Charging for electric trucks trails the availability of battery-powered equipment. Startups like Gage Zero have the investor backing to buy the real estate and develop the large-scale sites. But will they be enough to support the transition to electrification?
KEY QUOTES FROM SAM ARONS, vice president of business development at Gage Zero:
“It’s important to take a step back and think about how big this problem is. The rough number we’re talking about is like $100 billion of investment in charging infrastructure that’s needed over the next 10 to 20 years.”
“Even in a state like Texas, which doesn’t have nearly as many incentives as California does, we are seeing today that TCO (total cost of ownership) is roughly even with a diesel truck but over the next 10 years, that’s going to come down quite dramatically.”
“You need to find the perfect nexus of a good location from a trucking route perspective. … You also need to find a place that has a pretty decent amount of power that’s available now and a clear path to a much larger amount of power a couple of years down the road as this industry grows.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now