Has Electrification of Commercial Vehicles arrived?

There are over 15,000 confirmed orders for electrified commercial trucks and buses worldwide for delivery between now and 2021. 

Interact Analysis has done an early attempt to quantify the steady stream of orders that has many in the trucking industry speculating that the tipping point for truck electrification has arrived.

Interact believes that Nikola Motor Co and Tesla are valid indicators of the markets direction with most of the volume being accounted for in non-binding orders and by customers of battery-electric vehicles.