By packing batteries and an electric drive axle into a tandem trailer that fits between a conventional semi truck and trailer, Revoy EV promises to “electrify” trucking and cut a fleet’s fuel bill in half. It sounds amazing – but eleven tons of questions remain.
The Revoy EV concept is deceptively simple. A tractor’s 5th wheel pairs up with the Revoy’s hitch. Then the trailer that the semi is set to haul attaches to the Revoy’s 5th wheel. Some AI embedded in the Revoy’s electronic control units does some number-crunching and the three-part truck, trailer, trailer combo then hauls off down the road, with the Revoy’s high-torque e-axle providing most of the power to accelerate the load and diesel power where it’s most efficient: on the highway.
The best part, according to Revoy? Truckers can add the Revoy EV trailer to their rigs with no up-front costs.
“We offer a really different and much better and easier path for fleets to go electric,” offers Revoy EV’s founder, Ian Rust. “We offer a service, (zero money up front for the unit, then) customers pay us by the mile. It’s really more of a fuel product. We charge them for the diesel we save them, altogether with the residual diesel, and our fees that are all inclusive.”
The Revoy EV has a range of about 250 miles, which comparable to the 2nd generation Volvo VNR Electric and the Freightliner eCascadia models. “On a 250-mile run, a truck getting 7 mpg might burn 35 gallons of diesel, which we’ll say costs $4/gallon or $140,” writes Alex Lockie, from the Commercial Carrier Journal. “The Revoy EV would cut that in half, approximately, and bill the fleet for a cut of the difference.”
Revoy EV hybrid semi trailer
Revoy is launching with two “swap stations” already up and running in Texas and Arkansas, where drivers can pull into the station, be greeted by a Revoy attendant, then swap out their spent battery “in about five minutes or so,” according to the press release. Rust adds that Revoy has stations planned for California and Oregon as well.
Electrek’s Take
Where do we start? On the one hand, the Revoy EV is very much not vaporware. This is a thoroughly conceived, well-engineered, and seemingly well-funded effort to bring someone’s big idea to life. On the other hand, the concept itself seems deeply flawed.
The first major problem with the Revoy EV is its weight. The electrified trailer weighs in at about 22,000 pounds, according to the company – around 2,000 pounds lighter than the previously mentioned Volvo VNR Electric and as much as 6,000 pounds more than a Freightliner eCascadia. National rules say that without a special permit, a semi-truck and the trailer it is hauling can’t collectively weigh more than 80,000 pounds in total. Worse, the Revoy doesn’t fit into any special legal loopholes that can help make that mass go away (because the Revoy isn’t a ZEV, it doesn’t even get the extra 2,000 lb. GVWR allowance a BEV gets). That means adding a Revoy trailer to your rig effectively negates your ability to haul 22,000 lbs. of the stuff that, you know, you’re actually being paid to haul.
Add in the potential safety risks and generically “weird” handling characteristics presented by adding an extra few articulations into the mix and the Revoy starts to look even more like a liability.
Still, the Revoy guys aren’t dumb – and a number of knowledgeable industry people have jumped in to defend Rust’s concept. “In high-value freight at least,” offers Lockie, “the trend has been toward the extreme majority of loads cubing out before they ever weigh out.”
Rust, to his credit, at least acknowledges the problems. “The key is when we encounter those trailers that can’t afford the weight (of the Revoy EV), we wave them on,” he says. “We looked at the data … two thirds of loads can accommodate the extra weight.”
With so many commercial fleets complaining that the 2000 lb. EV adjustment isn’t enough, I (for one) question Rust’s confidence. Still, I’m just one guy – and you, dear readers? You’re smart. Head on down to the comments and let me know what you think of the Revoy EV, and whether or not you think it’ll be a staple of trucking’s future.
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The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Rico’s fossil fuel plants with solar and battery storage through 2032.
The DOE’s Loan Programs Office announced two conditional commitments and one loan closing to power producers in Puerto Rico. Each supports a project contracted with the Puerto Rico Electric Power Authority. The announcements include:
The closing of a $584.5 million loan guarantee to subsidiaries of Convergent Energy to finance a 100 MW solar farm with a 55 MW (55 MWh) battery energy storage system (BESS) in the municipality of Coamo and BESS installations in the municipalities of Caguas (25MW/100MWh), Peñuelas (100MW/400MWh), and Ponce (up to 100MW/400MWh)
A conditional commitment for a loan guarantee of up to $133.6 million to a subsidiary of Infinigen for a 32.1 MW solar farm with an integrated 14.45 MW (4.76 MWh) BESS, and a co-located standalone 50 MW (200 MWh) BESS expansion in the municipality of Yabucoa
A conditional commitment for a loan guarantee of up to $489.4 million to a subsidiary of Pattern Energy for three stand-alone BESS in the municipalities of Arecibo (50 MW/200 MWh), and Santa Isabel (50 MW /200 MWh and 80 MW/320 MW), and a 70 MW solar farm with an integrated BESS in the municipality of Arecibo.
If all are finalized, these projects would more than double LPO’s support for utility-scale solar generation and battery energy storage in Puerto Rico.
LPO provides low-cost financing and a rigorous due diligence process, making it a valuable resource for Puerto Rico as it works to rebuild an affordable, reliable, and clean energy system. As a result of reliance on imported fuel, the persistent threat of tropical storms, and underinvested infrastructure, Puerto Ricans today face average energy costs that are twice the US average – all while consuming only one-quarter of the energy of the US per capita.
LPO’s initial loan to a power producer in Puerto Rico, Project Marahu, closed in October 2024, and when complete will add more than 200 MW of solar and up to 285 MW of stand-alone energy storage to Puerto Rico’s grid.
Through its September 2023 partial loan guarantee to Project Hestia, LPO also supports virtual power plant (VPP)-ready rooftop solar and battery storage installations in Puerto Rico. As a nationwide project, Hestia’s sponsor is committed to at least 20% of installations under Project Hestia going to homeowners in Puerto Rico.
As part of its procurement plan, Puerto Rico Electric Power Authority seeks to install 1,500 MW of battery storage and requires a minimum capacity of storage to be co-located with each utility-scale solar project. Energy storage systems currently online in Puerto Rico are being dispatched every day.
When including Marahu, LPO’s closed and conditionally committed financing supports over 100% of the capacity Puerto Rico Electric Power Authority aimed to procure under its initial request for energy storage project proposals, the first of six.
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.
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Chevy just introduced new deals on the Equinox and Blazer EV models to make them even more affordable. With 0% interest and a new trade-in bonus, Chevy is offering over $5,000 in savings.
Chevy adds new Equinox and Blazer EV deals in January
Although the Chevy Equinox EV is already “the most affordable” EV in its class with over 315 miles range, it’s getting even cheaper.
Earlier this week, Chevy launched new deals on the 2024 Equinox and Blazer EV models. According to a note sent to dealers, viewed by CarsDirect, the electric SUVs are now available with 0% APR financing for 60 months. You can also choose from 0.9% AP for 72 months and 2.9% APR for 84 months.
This marks the best financing offer on Chevy’s newest EVs to date. The previous best rates were 0.9% APR for 60 months, 3.9% for 72 months, and 5.9% for the longer 84-month option.
On a 7-year $45,000 loan, online auto research firm CarsDirect estimates the new deals amount to around a $5,200 price cut. The lower APR rates are already offered on the Chevrolet Silverado EV pickup.
In addition, Chevy is offering a trade-in bonus of up to $3,000 on the Silverado EV and $1,000 on the electric Equinox and Blazer models. If you choose to lease, the bonus is cut in half: $1,500 for the Silverado and $500 for the electric SUVs.
Chevy’s new EV deals started on January 14 and run through March 3, 2025. The deals come as rivals like Hyundai and Ford recently launched new EV promotions.
On Thursday, Hyundai launched a new promo on the upgraded 2025 IONIQ 5, which includes monthly leases as low as $199 and a free ChargePoint home EV charger (or $400 charging credit). Meanwhile, Ford extended its “Power Promise” program earlier this month, which also includes a free home charger, among several other benefits.
The 2024 Chevy Equinox EV started at $41,900 with up to 315 miles range. Prices for the electric Chevy Blazer start at $43,690 with up to 279 miles range.
If you are ready to try out Chevy’s new electric SUVs for yourself, we’ve got you covered. You can use our links below to view offers on the Chevy Equinox, Silverado, and Blazer EV models near you.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss non-Tesla EVs getting Supercharger access, Cybertruck sales in the spotlight, Rivian getting some money from Biden, and more.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):
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