Logistics firms accelerate EV adoption amid high diesel prices, but heavy trucks lag behind
AI Summary
Logistics companies in Singapore are advancing the adoption of electric vehicles (EVs) due to high diesel prices, though the transition for heavy trucks is slower because of insufficient charging infrastructure for larger vehicles. This reflects both environmental trends and operational challenges in freight transportation.
Some are holding back on electrifying their heavy fleets due to the limited availability of charging infrastructure designed for larger vehicles.
Markets Real Estate Energy electric vehicles logistics diesel prices charging infrastructure heavy trucks Singapore