Canadians adopt electric pickup trucks like F-150 Lightning for cost savings despite range challenges and charging needs. (BNN Bloomberg)


January 02, 2024

Michael Laroche made a switch from his Ford F-150 pickup truck to its electric version, the F-150 Lightning, approximately 18 months ago. Based in Sherbrooke, Quebec, Laroche, who specializes in installing electric vehicle chargers, covers a daily distance of 300 to 400 kilometers, three to four times per week. Since transitioning to the electric alternative, he noticed a substantial reduction in operational costs.

Charging his truck overnight for around 14 to 15 hours, Laroche affirmed his readiness to hit the road. Over the last 15 months, combining household power usage and vehicle charging, his average monthly electricity bill stands at $350. This stands in stark contrast to the $450 weekly expenditure on gasoline for his previous vehicle, resulting in savings of $1,400 in fuel expenses every month.

The federal government aims to transition new vehicle sales entirely to electric models by 2035, encompassing pickup trucks. Presently, Canadians have limited choices in electric trucks, primarily the F-150 Lightning and Rivian R1T pickups, with expectations for General Motors and Ram to introduce offerings in 2024.

Electric pickup trucks are engineered for heavy-duty tasks such as towing, paralleling their gas-powered counterparts. However, they demand substantial electrical charging due to their higher energy consumption when under load, affecting the vehicle's overall range.

Louise Levesque from Electric Mobility Canada emphasized that towing with an electric pickup would result in increased energy consumption per kilometer, similar to traditional gas trucks. Mark Marmer, founder of Signature Electric, concurred, noting that while electric trucks are built for heavy lifting, this factor doesn't expand their range despite larger batteries.

Laroche corroborated this, citing a quicker depletion of the truck's charge when towing a trailer. He detailed the need for a 20 to 25-minute fast charge when using the trailer, despite managing a round trip of approximately 300 kilometers from Sherbrooke to Montreal without towing.

Marmer emphasized the reliability of electric pickup trucks despite their higher price point, especially in commercial applications. He underscored the simplicity of electric vehicles' mechanics compared to their gas or diesel counterparts, attributing this straightforwardness as a key factor in their longevity.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

TSX Hits Record High as Oil Boosts Energy Stocks

Canada’s main stock market surged to a new all-time high on Monday, thanks to a strong rally in energy stocks....

Wall Street Ticks Up as Oil Surges and Factories Stumble

Wall Street saw modest gains on Monday as investors balanced rising oil prices with signs of weakening U.S. manufacturing. After....

ETFs Surge In Popularity, But Are New Canadian Investors At Risk?

Canadian investors are pouring more money into exchange-traded funds (ETFs) than ever before. Despite global market jitters from trade tensions....

Wall Street Wraps Up Its Best Month Since 2023 On A Calm Note

Wall Street ended May on a quiet yet strong note, wrapping up its best monthly performance since late 2023. On....

Canada’s Economy Grew 2.2% In Q1, Exceeding Forecasts

Canada's economy grew at an annual rate of 2.2% in the first quarter of the year, according to data released....

TSX Dips While U.S. Stocks Rise Amid Trump Tariff Rulings

Canada’s main stock index slipped on Thursday, while U.S. markets ended the day higher, following a wave of investor reaction....

Global Stocks Waver on Trump Tariff Uncertainty, Nvidia Gains

A worldwide stock rally that started strong in Asia lost momentum on Thursday as investors grew uncertain about the future....

Wall Street Slips as Markets Cool After Strong Rally

U.S. stock markets lost a bit of momentum on Wednesday after a recent stretch of strong gains brought them close....

TSX Inches Up While Wall Street Slides Midweek

Canada’s main stock market nudged slightly upward on Wednesday, even as major U.S. stock indexes moved lower ahead of two....

S&P/TSX jumps nearly 200 points as U.S. markets rise

Canada’s main stock index saw a sharp rise on Tuesday, climbing nearly 200 points thanks to strength in utilities, financials,....

S&P 500 Soars 2% as Tariff Pause Lifts Wall Street Spirits

Wall Street made a sharp rebound on Tuesday as U.S. stocks surged after President Donald Trump delayed a hefty tariff....

TSX Jumps Nearly 200 Points as Tech and Industrials Surge

Canada’s main stock market saw a solid boost on Monday, gaining almost 200 points despite quiet trading due to U.S.....