LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Mars to deliver all those Twix and M&Ms via 300 electric heavy-duty trucks

Robert Frost by Robert Frost
January 24, 2024
in Industries
Mars to deliver all those Twix and M&Ms via 300 electric heavy-duty trucks
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


US behemoth food company Mars is looking to put 300 “heavy-duty” electric trucks into operation in Europe by 2030, in what it is calling the largest electrification of freight trucking in Europe ever.

Running routes to and fro various company locations, this kind of trucking is primed for electrification, and a company the scale of Mars, which owns 50 global brands, transforming its freight into EVs could have a massive impact on emissions.

You might also like

CNBC Daily Open: Trump followed up on his threat to strike Iran — will this help or harm his credibility?

Why global markets are brushing off U.S. strikes on Iran

Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

The deal is a collaboration with Swedish-owned Einride and launched in Germany last week, with routes in the UK and the Netherlands coming this year. “This sets a precedent for other players in the freight industry to follow, showcasing the mass potential of electrification at scale,” said Robert Falck, CEO and founder at Einride.

Technically the company will start hauling pet food from its Pet Nutrition factory in Verden, Germany, to its logistics center in Mindin, about 91 kilometers (about 56.5 miles) one way. Both locations come equipped with charging points, so a truck can easily do the full roundtrip with the option to charge on either side if needed.

To get things started, Einride provided Mars with two Mercedes-Benz eActros 300s and two charging stations with four charging points operated by Einride’s Saga operating system. The version of the electric truck has three battery packs with 105 kWh each, totaling 315 kWh, which should supply enough range to cover about 300 kilometers/186 miles with an average load. Next up is a route from its chocolate factory in Viersen to other sites, as well as routes in the UK and the Netherlands.

For its part, Mars is investing $1 billion over the next three years to help reach its zero-emissions target by 2050, with the target to cut carbon in half by 2030 across its full value chain. It, too, is investing about “a mid-six-figure euro amount in the installation,” Electrive reports.

The first two eActros 300s will soon be joined by more vehicles, although Mars didn’t specify if those will be Daimler Trucks, in that Einride sources its vehicles from several manufacturers. These fully-electric operations will be complemented with an autonomous pilot project, implemented in 2025. 

By switching to the 300 electric trucks, Mars says it will reduce CO2 emissions by 20,000 tonnes per year, corresponding to a reduction in greenhouse gas emissions from Mars Logistik in Europe of around 10% per year.

Electrek’s Take

This type of trucking is primed to make the electric transition. For one, fleet trucks typically have a set route, making mileage easier to plan, and trucks can return to the depot in the evenings for overnight charging using their own infrastructure.

The shift from solely focusing on electrifying smaller trucks for last-mile delivery is moving to this kind of medium-duty hauling, with a new model from Mack Trucks recently out, other players such as Japan’s Hino and Isuzu working on new models.

Of course, the upfront costs for a company to convert to electric trucks is a tough sell, but a company like Mars bankroll it. Soon, the EU (and in California at least), regulations will leave companies with no choice but to make the switch. And doing so has the potential to clean up billions of tons of CO2 emissions a year.


If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing on solar, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Here are Wednesday’s biggest analyst calls: Apple, Netflix, Nvidia, Uber, Tesla, Microsoft, Amazon & more

Next Post

Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

CNBC Daily Open: Trump followed up on his threat to strike Iran — will this help or harm his credibility?
Industries

CNBC Daily Open: Trump followed up on his threat to strike Iran — will this help or harm his credibility?

June 23, 2025
Why global markets are brushing off U.S. strikes on Iran
Industries

Why global markets are brushing off U.S. strikes on Iran

June 23, 2025
Oil at 0 a barrel? U.S. role in Iran-Israel fight fuels market jitters
Industries

Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

June 23, 2025
CNBC Daily Open: Have Trump’s strikes on Iran bolstered or eroded his credibility?
Industries

CNBC Daily Open: Have Trump’s strikes on Iran bolstered or eroded his credibility?

June 23, 2025
Next Post
Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk

Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk

Related News

Dollar holds near six-month highs as markets eye crucial CPI data – London Business News | London Wallet

Dollar holds near six-month highs as markets eye crucial CPI data – London Business News | London Wallet

November 13, 2024
Can 3-month Bitcoin RSI highs counter bearish BTC price ‘seasonality?’

Can 3-month Bitcoin RSI highs counter bearish BTC price ‘seasonality?’

April 15, 2025
Comeback candidates: Goldman loves these underperforming stocks with strong fundamentals

Comeback candidates: Goldman loves these underperforming stocks with strong fundamentals

April 10, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?