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Why is market capitalization such an important concept? It allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market's perception of its future prospects, because it reflects what investors are willing to pay for its stock.

Large-cap companies are typically firms with a market value of $10 billion or more. Large-cap firms often have a reputation for producing quality goods and services, a history of consistent dividend payments, and steady growth. They are often dominant players within established industries, and their brand names may be familiar to a national consumer audience. As a result, investments in large-cap stocks may be considered more conservative than investments in small-cap or mid-cap stocks, potentially posing less risk in exchange for less aggressive growth potential.

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LOS ANGELES, Calif. (2/22/2022) — BYD announced today that Swedish freight technology company Einride has purchased 200 Class 8 8TT battery-electric day cab trucks for deployment across the United States, the largest-ever order of its kind outside of Asia.

BYD will begin delivery of the first vehicles, all assembled in Lancaster, California, in February, with all 200 vehicles set to be delivered in waves over the course of the coming twelve months. Einride will utilize the vehicles to grow their global fleet of connected electric vehicles to serve their U.S. customers throughout key transport regions. Saga, Einride’s technology platform that plays the critical role in ensuring electric shipping is efficient and optimized, will power the full fleet of signed BYD vehicles.

fj12ryder wrote:

"I would like to know how many trucks Home Depot has making these runs but it sounds like they could put thousands of electric semi's to work."

Yeah, if they existed.

rjstractor wrote:



They certainly could. Electric trucks for short distance pickup and delivery are a no-brainer. The extra costs for initial purchase and adding the charging infrastructure should be recovered quickly, especially with currently high fuel costs. The Tesla Semi seems to be marketed toward the over-the road segment. Even if it can approach its claimed 500 mile range, it's productivity will be so poor compared with a diesel tractor that the fuel savings will never come to fruition. If they could build it with an honest 700 mile range AND have Supercharger level charging available at virtually every truck stop in the nation, then it could compete, at least with a solo driver.

philh wrote:

How many watts will be required to charge a single truck... how about 10, 20, or 100 trucks at a time? Once you do the math, it's a really ugly number that is unobtainable.

Groover wrote:

I just saw an article about Home Depot adding 150 NEW distribution centers. I would bet that the vast majority of their runs could easily be made with battery powered trucks. Since chargers can be installed at both ends battery powered trucks could have less downtime than petroleum powered ones. I would like to know how many trucks Home Depot has making these runs but it sounds like they could put thousands of electric semi's to work.

time2roll wrote:

ABOUT 20%. How ugly is that to achieve in 20+ years.