BEST Magazine
24 March 2026
Faraday Institution report: battery electric HGVs to dominate by 2050
Why It Matters for ITAD
New technologies may create opportunities or challenges for equipment processing. Growing ESG focus creates opportunities for ITAD companies with strong sustainability credentials.
Faraday Institution published a new report yesterday which predicts that battery-powered heavy goods vehicles (HGVs) are expected to become the dominant zero-emission solution for most freight applications by 2050. The report, Electrifying Freight: Battery-Powered Heavy Goods Vehicles, examines the role of batteries in decarbonising road freight and concludes that, while challenges remain, battery electric trucks…
Key Takeaways
- • Faraday Institution report: battery electric HGVs to dominate by 2050.
