Posted by TEAdmin on 2025-03-10 06:32:54 | Last Updated by TEAdmin on 2025-05-05 15:20:26
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With industry heavyweights like Amazon, FedEx, Ford Europe, General Motors BrightDrop and Japan’s Hino Motors heavily investing in commercial electrification – with an eye toward major payoffs down the line – we are seeing quite a different approach than the passenger vehicle sector took a couple of decades ago. We expect commercial electrification to advance rapidly in the coming years, and I believe we’re at an inflection point where private-sector innovation will play a large role in driving a cleaner and greener future for commercial vehicles.
With this change, we see enormous opportunity. Because of TE’s early investment in electrification, we are poised to reap the benefits of the rapidly electrifying commercial segment. Why? Our connectivity technology is designed for ultra-harsh industrial applications like mining and construction. This high-grade tech translates well to commercial vehicles, including buses, trucks, and delivery vans, so customers can be confident it will exceed their needs for the wear and tear of day-to-day commercial use and limit repairs and replacements, a major long-term cost-saving incentive of going electric.
Rapid urbanization and e-commerce are continuing to drive demand for commercial vehicles worldwide: from buses and garbage trucks to last-mile delivery vans and long-haul cargo vehicles. All of this is being catalyzed by consumers, who are demanding greener ways to buy – from production through delivery. By 2027, industry researchers expect the last-mile delivery market alone to reach $287.22 billion USD with a CAGR of 5 percent over that same period.
With advanced connective solutions for applications ranging from charging inlets, to engine and battery solutions, to other auxiliary functions, TE Connectivity is well-positioned to partner with our customers to co-create complementary technologies for either an electric or a hydrogen future – or both.