Monday, January 6, 2020

Don't Expect Too Much From Electric Trucks

With the rise of electric cars, it was only a matter of time before electric trucks hit the market. Several electric vehicle startups -- including Bollinger, Lordstown Motors, Rivian and Workhorse -- have been working on developing electric pickup trucks for several years, but none have come to market yet. However, it was the announcement of the Cybertruck by Tesla that ignited interest in the market. Tesla received more than 200,000 reservations, at $100 each, in the first few weeks after announcing the Cybertruck.

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