American’s have long had a love affair with their trucks and SUVs, but that affair was put on pause for a few years back in 2008 with the rise in oil costs and then the financial collapse. Sales dropped over 50 % and taken the last five years to go back to their mid-2000’s levels. Thanks to low gas rates, this year has actually seen ongoing double number sales gains in the pick-up truck classification. As someone that stays in rural Iowa, the appeal and utility of the pick-up is apparent every day. Hence, I have been amazed at the seeming absence of interest from automakers in developing an all electrical pick-up. Here in Iowa and throughout the majority of the Midwest, the advantages (terrific torque and much lower cost of operation) of a solid EV option to the conventional ICE offerings from General Motors (NYSE: GM), Ford (NYSE: F), Toyota (NYSE: TM) would exceed any range stress and anxiety factors, since practically all truck owners right here likewise have a 2nd (and Third) vehicle, and the trucks are generally made use of around the farm and to bring loads to and from the nearby town. In this article I’ll evaluate the present E-truck providings and discuss the significance for automakers of getting a design designed and into production before Tesla (NASDAQ: TSLA). Thus far, the only EV trucks I have actually had the ability to discover for sale in the US are being marketed more as fleet purchases, instead of to individuals. This is easy to understand, as fleets usually have particular functions which fit within the existing E-truck constraints, and fleet managers are more likely to comprehend the potential long term cost savings. (From the Via Motors site) The more normal looking choice is the Via Motors VTRUX, which is designed in much the same way as the Chevy Volt. According to Gas2.org, the truck really makes use of a Chevy Silverado standard frame and body, however instead of the basic ICE engine, Via installs their own hybrid power-train. This power-train consists of a 23 kWh battery pack, along with a 4.3 L V6 gas/electric generator that begins after the battery …
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Several brokerages have actually upgraded their suggestions and price targets on shares of CAI International (NYSE: CAI) in the last few weeks: CAI International Inc (NYSE: CAI) traded up 0.37 % during midday trading on Thursday, hitting $10.74. The stock had a trading volume of 153,372 shares. CAI International Inc has a 52 week low of $10.55 and a 52 week high of $25.70. The business’s 50-day moving typical rate is $17.18 and its 200 day moving typical price is $21.75. The company has a market capitalization of $227.89 million and a PE ratio of 3.74. CAI International, Inc. is a transportation financing and logistics company. The Company purchases devices, which it rents mainly to container shipping lines, freight forwarders and other transport business. The Business operates mostly in the intermodal freight container renting market. It also manages equipment for third-party investors. In running the Company’s fleet, it leases, re-leases and disposes devices and agreement for the repair, repositioning and storage of equipment. Its equipment fleet consists primarily of intermodal aquatic containers. The Company leases its container equipment to lessees under long-term leases, short-term leases and financing leases. The Company likewise operates a fleet of railcars that are made use of to transfer commercial goods, materials and other items on railway tracks throughout North America. Get News & Scores for CAI International Inc Daily – Enter your email address below to receive a succinct everyday summary of the most recent news and experts’ ratings for CAI International Inc and related business with MarketBeat.com’s FREE everyday email newsletter … See all stories on this subject
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