A Daimler Urban eTruck electric truck during a press conference at the IAA Nutzfahrzeuge (IAA Commercial Vehicles) fair in Hanover, northern Germany on Sept. 21, 2016. Julian Stratenschulte/DPA/AFP via Getty Images
The cost of building an electric truck will always be more expensive when compared to a truck running on a traditional combustion engine, according to Martin Daum, CEO of Germany-based Daimler Truck.
The high price of critical materials needed to build electric trucks makes the vehicle more expensive, Daum said in an interview with FT.
