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The Road to Electrification: Insights from Geotab’s 2024 Study

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Understanding Electric Vehicle Readiness

In a comprehensive analysis conducted by Geotab, telematics experts have uncovered essential insights regarding the readiness of electric vehicles for the market. As businesses globally transition to more sustainable practices, this study highlights that 58% of medium-duty trucks and 41% of heavy-duty trucks are indeed prepared to electrify today.

The Road to Electrification Insights from Geotabs 2024 Study

Data-Driven Insights from Geotab

The findings are based on aggregated data collected from thousands of connected commercial vehicles throughout 2024. Geotab analyzed critical driving patterns, routes, and operational stops to assess the practicality of electric vehicle adoption in real-world scenarios. This research reinforces the notion that electric vehicles aren’t just a future consideration; they are already road-ready, showcasing how technology and data converge to reveal market readiness.

Strategic Implications for Infrastructure Development

The study outlines a significant operational aspect, indicating that many medium- and heavy-duty trucks typically drive less than 250 miles between depots. This driving range is essential for assessing the feasibility of electric vehicle deployment and reveals the potential for strategic charging infrastructure placement. With over 700 million miles (or more than 1 billion kilometers) logged by Geotab-connected vehicles in the past year, the opportunity for electrification of commercial hauling is clear.

As industries evolve and electrification becomes more vital, Geotab’s research lays a solid foundation for businesses seeking to implement sustainable solutions. The path to electrification is not just theoretical; it is a reality that companies can start exploring now.

author avatar
Mohammed Begum
48 St Omers Road HOCKLEY SS5 4HJ
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