Despite the rollout of a $40,000 tax credit for businesses looking to purchase electric vehicles — courtesy of the implementation of the Inflation Reduction Act in August — and a steady push for fleet electrification, the EV industry hasn’t yet captured that lightning in a bottle.
It’ll take some time for most small and midsize transportation companies to enter the EV playing field because of the costs and logistics of electrifying an entire fleet.
But for the bigger firms, the game is well...