How Maersk is accelerating EV truck industry growth

Electric Vehicles (EVs) may not exactly be a rare sight on European roads in 2023, but the days when they were scarcely seen aren’t too distant a memory.

Back in only 2015, new electric and hybrid vehicle sales across Europe totalled 145,000 units and represented a market share of just 1% - which was incidentally hailed as a rather important milestone. Times are changing this side of the decade, though, and only seven years later in 2022, over 2.6 million new EVs were registered with a market share of 34.7%.

Advancements in technology can be thanked for such a rapid surge, as it’s safe to say EVs have come a long way in a short space of time. Original electric vehicles were difficult to justify thanks to their very limited mileage range and bulbous designs, while a lack of charging points and infrastructure made everyday use something of a challenge.

However, in this day and age it’s a very different story, with full-charge ranges commonly seen above the 400-mile mark and over 560,000 charging points throughout the continent (and growing). Plus, as EU regulations will ban the sale of new petrol and diesel cars from 2035, the EV market’s trajectory will only continue to head upwards.

Electric trucks following behind

The electric trucking industry has been on a similar road to prominence in recent years, with new technology, investments and partnerships paving the way for more environmentally friendly freight transportation on European roads.

According to ICCT, EV trucks produce 63% lower greenhouse gas (GHG) emissions compared to their standard diesel-powered counterparts; and when you consider that trucks carry 77% of all freight transported over land in Europe, there are significant emissions savings to be made.

In a world of growing consciousness, demand has been rising for zero-emission road transportation from companies in Europe, and the new investments mean Maersk customers have greater options for reducing their logistics emissions footprint and reaping the commercial and societal benefits that come with it.

Not only do EV trucks reduce GHG emissions, but they also contribute to reducing noise pollution in urban areas and now have the technology and range to be used for longer inland journeys. All things considered, you’d be forgiven for thinking that electric vehicles will soon dominate the trucking market, but there’s still a long way to go before that becomes reality.

Diesel trucks remained the dominant choice for buyers in the European Union in 2022, accounting for a significant 96.6% of all new registrations. The EV truck market share did indeed increase from 0.5% in 2021, but still came in at a modest 0.6%.

Ultimately, payload-limiting EU legislation, inadequate mileage range and lack of viable charging points for trucks has played into diesel’s hands, but companies like Maersk are making investments in the area in the hopes of being a catalyst for change:

Change on the horizon

The positive news is that the situation may well improve before too long, with incentives in place hoping to accelerate the uptake of EV trucks across the continent.

New EU laws were recently passed that will see public chargers for EV trucks at regular intervals at primary / secondary motorways and in major cities across Europe.

By 2030, European governments must provide at least 3,600kW of truck charging capacity every 60km along the EU’s primary motorways and 1,500kW of truck charging capacity every 100km on secondary motorways.

Logistics services providers’ primary use for EV trucks at this time is on shorter journeys or indeed around facilities such as ports or warehouse complexes, but the path is set for EVs to be a regular part of long-distance freight transportation in the future.

Accelerating the industry’s development is of paramount importance to Maersk for the good of the environment, but collaboration is needed to get EV trucking where it needs to be and bring the sustainable benefits to companies around the world.

And as trucking is responsible for approximately 100 million tonnes of GHG emissions every year, there’s a great need to overcome these barriers together and increase the presence of EV trucks sooner rather than later.