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On the Journey to the Fully Electric Pickup Truck

Invest in Growth. Invest in Franchise Holdings International. OTCQB ticker FNHI.

On the Journey to the Fully Electric Pickup Truck

Invest in Solar technology pickup trucks

Our Worksport subsidiary is developing the Helios tonneau cover. The Helios is designed to capture rays from the sun, store it in a battery and use it to supply electricity to the truck owner for a variety of purposes. Initially, this electricity will be used to power anything from lights to tools. But as electric pickup trucks emerge, the power created by the Helios cover will also be able to supplement the power to the truck’s drive train to extend its driving range.

With electric pickup trucks on the horizon we thought it might be of interest to review the current state of development of the fully electric pickup truck. Like in the car arena, initial development is focusing on hybrids. Let’s take a look at the progress of some of the companies producing or planning to produce electric/hybrid pickup trucks. Note: There are companies like Bollinger Motors producing vehicles that are not pickup trucks and would have no need or application for a tonneau cover. So, we are not including them here.

Ford has partnered with XL to produce a hybrid of its F-250. As with any new product manufacturing or retrofitting in small numbers will typically yield significantly higher unit costs than the gasoline- only model which, of course, means a much higher price tag for the buyer.

Workhorse is taking preorders for its W-15 Hybrid Pickup truck. It has a battery that will provide a range of 80 miles and an internal combustion engine that extends the range while an onboard generator replenishes the electric batteries. Currently, Workhorse is focusing on the corporate fleet market.

Havelaar Canada’s Bison E-pickup is moving into pre-production and the first versions are expected in the next twelve months. The initial battery pack is being planned for a range of 300 km or 186 miles.

EV Fleet’s Condor pickup truck will go 100 miles between full charges and does not require a special plug to recharge.

Rivian is promising a five passenger no emissions pickup truck in 2020. Founded in 2009, Rivian received a $200 million round of funding in early June 2018.

What is missing from this brief overview are major manufacturers such as Honda (although rumored to be considering an electric Ridgeline), Nissan (has toyed with the notion of a pickup truck version of its top selling Leaf), GM (whose CEO would rather continue focusing on gasoline powered trucks), Fiat Chrysler and Toyota (No Prius Pickup Truck yet).

But here’s the thing about electric pickup trucks. The first models will be very expensive, and prices won’t come down until manufacturing volume can grow and take advantage of economies of scale. But just who will pay the exorbitant prices in the beginning to create the scale to produce models that the typical pickup owner can afford? And how high will gas prices need to go for electric or even hybrid trucks to be considered a wise purchase?

Here is how we see it. This market is not going anywhere until GM and / or Ford buys out one of the companies listed and get serious about producing e-trucks in high volumes. Drop us a note and let us know what you think is going to happen.

Source: News Pickuptrucks.com

Close and Read Later X
Why Invest in FNHI?

WHY INVEST IN FNHI

BECAUSE WE DELIVER

DELIVERED…

CURRENT ON FILLINGS

RAISE PRIVATE CAPITALFOR INVENTORY

CEO STEVEN ROSSI RETIRED 100M SHARESFOR SHAREHOLDER VALUE

UPLIST TO OTCQB

SECURE BRAND NAME WORKSPORT

SECURE PATENTSTO PROTECT SHAREHOLDER VALUE

START SALES IN USA

SHOW REVENUE GROWTHNOVEMBER 2018 SALES MORE THEN TOTAL 2017

IN PROGRESS AS WE SPEAK…

DUAL LISTING ON CANADIAN SECURITIES EXCHANGE (CSE)PAPERWORK FILED

$450,000 USD MORE GROWTH CAPITAL FROM GUNPOWDER CAPITALRELEASED ON CSE

GROW REVENUES TO 5M+CEO EXPECTS 1100% GROWTH FOR 2019 SEE PRESS RELEASE

NEXT…

REVENUE GROWTH TO ANNUAL 50M+

BUY BACK SHARESFNHI CONSIDERS BUYING SHARES TO INCREASE SHAREHOLDER VALUE

UPLISTING TO NASDAQCEO STEVEN ROSSI AIMS FOR FUTURE UPLISTING

CURRENTLY TRADING ON THE OTCQB

WE HOPE TO BE
TRADING ON
THE CSE IN:

Be the first to receive updates

Close and Read Later X
Why Invest in FNHI?

WHY INVEST IN FNHI

BECAUSE WE DELIVER

DELIVERED…

CURRENT ON FILLINGS

RAISE PRIVATE CAPITALFOR INVENTORY

CEO STEVEN ROSSI RETIRED 100M SHARESFOR SHAREHOLDER VALUE

UPLIST TO OTCQB

SECURE BRAND NAME WORKSPORT

SECURE PATENTSTO PROTECT SHAREHOLDER VALUE

START SALES IN USA

SHOW REVENUE GROWTHNOVEMBER 2018 SALES MORE THEN TOTAL 2017

IN PROGRESS AS WE SPEAK…

DUAL LISTING ON CANADIAN SECURITIES EXCHANGE (CSE)PAPERWORK FILED

$450,000 USD MORE GROWTH CAPITAL FROM GUNPOWDER CAPITALRELEASED ON CSE

GROW REVENUES TO 5M+CEO EXPECTS 1100% GROWTH FOR 2019 SEE PRESS RELEASE

NEXT…

REVENUE GROWTH TO ANNUAL 50M+

BUY BACK SHARESFNHI CONSIDERS BUYING SHARES TO INCREASE SHAREHOLDER VALUE

UPLISTING TO NASDAQCEO STEVEN ROSSI AIMS FOR FUTURE UPLISTING

CURRENTLY TRADING ON THE OTCQB

WE HOPE TO BE
TRADING ON
THE CSE IN:

Be the first to receive updates

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