Diesel prices are weighing on the freight industry, and there is no end in sight. In 2021, the world’s first partially battery-electric freight train was unveiled in Pittsburgh, showing that the electrification of heavy freight vehicles is possible. The high fuel prices could accelerate the push toward the electrification of cargo transport. As diesel prices soar the electrification of freight is becoming increasingly necessary. Innovations in electric vehicle batteries are making it more likely for trains to become electric over the next decade, even the heaviest of freight locomotives. Rising fuel prices are being seen by consumers worldwide. With no end in sight, the faster rollout of more electric vehicles (EVs) and renewable energy sources is becoming increasingly discussed by governments, energy firms, and consumers themselves. The cost of diesel is rising ever higher, meaning that truck, train, and ship operators are feeling the strain. In May, the retail […]