Daimler Truck Expects Gradual Ramp-Up of Electric Trucks Due to Cost

Daimler Truck Expects Gradual Ramp-Up of Electric Trucks Due to Cost
Visitors stand in front of a display of heavy trucks at the entrance to the Daimler exhibition area during a preview day at the IAA commercial vehicles trade fair in Hanover, Germany, on Sept. 24, 2008. Christian Charisius/Files/Reuters
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BERLIN—Daimler Truck, the world’s largest truck and bus maker, expects only a moderate market ramp-up of its first electric truck model, eActros, due to its high price, the sales head of Daimler’s brand Mercedes-Benz Trucks said.

The cost of an electric truck is three times as much as one with a combustion engine, Andreas von Wallfeld, told an event to present the model on Wednesday, mainly due to battery costs.