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Wednesday, May 15, 2024

EV start-ups hunt for competitive edge

Andrew Whitehead, CEO of BEDEO’s unit Protean Electric, stands with Osman Boyner, CEO of BEDEO, in front of a BEDEO van operated by Ocado and a black fossil-fuel van Protean in Farnham, Britain on Feb 1. (Reuters photo)

FARNHAM, England: As traditional automakers prepare to churn out electric vans and trucks, start-ups are focused more than ever on finding a competitive or technological edge to stay on the road once their bigger rivals start moving through the gears.

Spurred on by looming bans on combustion engines in China and Europe, major automakers are striving to bring their commercial electric vehicles (EV) to market fast and ensure they don’t get caught out again by another Tesla Inc.

To survive in a world where the likes of General Motors, Ford, Renault or Stellantis can make hundreds of…

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