Trucks And Investing -- An Early Look -- May 3, 2023

Locator: 44529TRUCK.   

My twitter account is full of these ads -- starting yesterday and going into today, link here.

And, here.

This link will take you to a Daimler advertisement. Link here.

This is the new eM2 -- class 6 - 7 according to the ad.

Now, let's see what else we can find.

Freightliner Business Class M2 has its own wiki page.

The e-M2, an all-electric variant of this class 5 medium duty box truck, was unveiled in mid-2018. It would have 480 hp (360 kW) peak horsepower, using 325 kWh (280 Mcal) batteries, having a range of 230 miles.

The fast charger would allow for 80% charge in 1 hour (184 miles).

It has a load capacity GCWR of 26,000 lb.

As of 2019, it costs $400,000; about 4 times the price of the diesel equivalent. The truck is currently [date of entry not provided] being field-tested by customers. The first out of 10 trucks [sic] was delivered to Penske Truck Leasing Corporation in Los Angeles in December 2018.

So, that's one problem: as of 2019, it costs $400,000; about 4 times the price of the diesel equivalent. 

Here we go, the press release, yesterday, May 2, 2023, note byline: Portland, Oregon -- whoo-hoo!

PORTLAND, Ore., May 2, 2023 /PRNewswire/ -- Freightliner, a leading manufacturer of medium- and heavy-duty trucks and a division of Daimler Truck North America LLC (DTNA), today unveiled the series production eM2 for pick-up and delivery applications, which is ready to order and will start production in fall this year.

At the same time, Freightliner has introduced an innovation eM2 medium-duty truck with the goal to learn from real-world customer experiences in vocational applications.

"Expanding our electric product portfolio with the eM2 marks another historic moment for our customers and the industry on our joint journey to zero emissions," said David Carson, senior vice president, sales and marketing, DTNA.

"With its versatility, the eM2 will be the perfect fit for pick-up and delivery customers who require an adaptable electric solution. Our vocational innovation vehicles are designed to set the stage to expand eM2 coverage into additional customer applications in the future.

The Rivian -- a "heavy-duty truck"? Well, not really. Link here.

The F-350?

So, for my purposes, who else is manufacturing electric Class 6 -7 trucks?

From March 8, 2023:

For the next six months, I am tweaking my investment new-money allotment investing plan and Daimler is a big part of that tweaking, whether to accumulate more shares or cut back. 

Truck classification. 

By the way, the "truck classification" article could have easily been generated ChatGPT assuming the app would also include graphics as good (or as basic) as the above link.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

By the way, there's a huge problem with how trucks are classified now that we have electric trucks? Does anyone else see the problem? This is quite fascinating.