Tesla plans to launch an electric truck with a cruising range of 480 kilometers in September.

Electronic enthusiasts gathered at 8 o'clock: On August 25, according to foreign media reports, Tesla, the electric vehicle company, announced that it plans to unveil an all-electric semi-trailer truck at its upcoming September event. Each charge is expected to provide a range of 320 to 480 kilometers. This marks Tesla's strategic move toward regional transportation, aiming to enter the commercial freight market. The image below shows Tesla's electric semi-truck prototype, which Tesla CEO Elon Musk has promised to release next month to expand the company’s market beyond luxury vehicles. Musk remains highly optimistic about the future of electric heavy trucks, believing they can eventually compete with traditional diesel trucks that can travel up to 1600 kilometers on a single tank. Scott Perry, a team operator based in Miami at Ryder Systems, noted that Tesla's electric prototype trucks could handle the so-called "low-end long-haul" transportation within the industry. Perry mentioned that he had previously met with Tesla representatives to discuss the application of this technology at Tesla's manufacturing facility in Fremont, California. Perry highlighted that Tesla's focus is on an electric truck known as the "day cab," which lacks sleeping quarters and can sustain up to 480 kilometers under typical payloads. He speculated that Tesla might have a longer-range strategy down the line, but suggested that this initial model is likely their starting point. Tesla responded to Reuters' inquiries via email, stating: "Tesla's policy has always been to refrain from commenting on speculation, regardless of its validity, as it is unwise." Tesla's plans may evolve as the development of trucks progresses, and current research aligns with existing battery technologies. Tesla has yet to disclose the exact range, pricing, or cargo capacity of its electric truck. However, Musk admitted that the company has held private discussions with potential buyers regarding their specific needs. Earlier this month, Reuters reported that Tesla is working on integrating autopilot features into larger platforms. Musk expressed hope that Tesla Semi trucks could be produced in large quantities within a few years. For Tesla, this ambitious endeavor could open up a lucrative new market. However, it could also prove to be a costly distraction. In July, Musk warned that Tesla was in a challenging phase due to the need to accelerate Model 3 production. Tesla aims to produce 5,000 cars per week by the end of the year and eventually ramp up to 10,000 units per month. Tesla's stock price has surged approximately 65% this year, though skepticism persists. Some doubt Musk's ability to transform Tesla from a niche player into a major automaker. About 22% of Tesla's shares are "shorted" by investors expecting the stock price to drop. Musk, the eccentric billionaire, dreams big, including plans for Mars colonization, and enjoys challenging established norms. At Tesla's annual meeting in June, he reiterated his commitment to building battery-powered long-haul trucks. He remarked: "Many people believe we cannot launch long-distance heavy-duty electric trucks, but we believe this is achievable." While Perry of Ryder Systems believes Tesla's prototype truck may not match conventional diesel trucks, if successful, Musk could seize a significant opportunity. Sandeep Kar, Chief Strategy Officer at Fleet Complete, noted that about 30% of U.S. truck drivers operate within the 160 to 320 km range. Electric trucks with such endurance could handle regional cargo transport, such as moving goods from ports to nearby cities or warehouses to retail sites. Kar added: "If Musk can exceed 320 kilometers, he can claim his truck is suitable for 'long-distance transportation,' showcasing significant technological potential." For transportation companies seeking to reduce emissions and operating costs, interest in electric trucks is growing. Maintenance costs for electric engines are significantly lower than those of internal combustion engines, and electricity is cheaper than diesel. However, current technology does not support nationwide electric truck operations. Experts argue that batteries required for long ranges are too large and heavy, leaving little space for cargo. Diesel trucks typically cost around $120,000. Shashank Sripad and Venkat Viswanathan, battery researchers at Carnegie Mellon University, note that for large trucks with a range of 320 to 640 kilometers, battery costs alone may rival the price of a diesel truck. Their recent study suggests that the weight and capacity of the battery will limit the range of electric trucks, enabling them to travel up to 480 kilometers with average payloads. Researchers and industry insiders agree that Tesla is leading the emerging electric truck industry within the 320 to 480 kilometer range, making it economically feasible. Daimler, the world’s largest truck manufacturer, and UPS are focusing on short-haul trucks, as shorter distances and lighter loads require less battery power, allowing trucks to recharge overnight at central hubs. Daimler plans to start producing electric trucks this year, with a range of 160 kilometers and a payload of 4,264 kilograms—464 kilograms less than diesel counterparts. Startups like Chanje in Los Angeles, partnering with Ryder Systems, are also emerging, offering electric trucks with a 160-kilometer range for parcel delivery. Ryder Systems and its clients believe that while electric trucks may initially cost more, they offer lower maintenance costs and more predictable fuel expenses. As batteries become cheaper and environmental regulations tighten, electric trucks will gain popularity. Perry stated that the technology is seen as having immense potential, and everyone is eager to see what it can achieve. In conclusion, Tesla's entry into the electric truck market represents a bold step forward, with potential to reshape the logistics landscape. While challenges remain, the economic viability of electric trucks within certain ranges is becoming increasingly clear.

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