Bus / Truck / Van / Fleet and Utility Vehicle Electrification

The benefits of electric vehicles include but are not limited to lower energy use and operating costs, lower emissions, higher torque, lower maintenance costs, and quieter operation. While passenger cars usually take center stage, electrification is not just for automotive cars. With multiple product launches and new companies emerging in the truck / bus / van / utility vehicle space, this electrification focus is looking to disrupt the transport and freight markets.

STANLEY Engineered Fastening is well positioned to support the ground transportation market and partner with established organizations as well as new entrants in this space.

What is Driving the Change Towards Electrification?

With ground transportation, public transportation, schooling, and freight and delivery companies, emission standards drive most of the move to electrification. An important factor globally is also what individual cities are doing to reduce local air pollution and noise levels to improve the quality of life for residents. Ridesharing, people movement, freight, and delivery provide an attractive value proposition for fully electric vehicles.

With supply chain challenges, an evolution of the delivery market is in process. This will drive near-term opportunities with delivery trucks and cans. The transport and utility industries are also pushing new business models such as ‘charge-as-a-service’ and ‘fleet-as-a-service’ models as well as new rental and leasing models to encourage adoption. 

How Can STANLEY Engineered Fastening Support the Ground Transportation Market?

STANLEY Engineered Fastening is partnering with Car OEMs and Tiers to deliver solutions for Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Extended Range Electric Vehicle (E-REV), and Fuel Cell Electric Vehicle (FCEV).

These fastening, tool, and equipment applications and solutions in many cases can translate over to truck, bus, van, and fleet and utility vehicle EV initiatives. In other instances, the electrification fastening, and design experts are innovating with customers, suppliers, and vendors on solutions specific to new electrification challenges:

Volumes of electric trucks, vans, and buses are expected to grow rapidly over the next 3-5 years, let STANLEY Engineered Fastening assist in driving this change in technology and business. Contact us today.