PACCAR Inc. (NASDAQ: PCAR) isn’t rushing electric trucks to market. But it says its Kenworth, Peterbilt and European DAF brands will sell them at the right time.
“Our goal is to make sure that we’re in a position to provide our customers the lowest-operating-cost vehicles whenever the market is ready, when there’s infrastructure, when there’s regulation and when the technology is ready,” CEO Preston Feight said Tuesday.
“It’s [the] early days, and we feel like we’re really on top of it, and we’re...
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