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Daimler launches new electric medium-duty truck brand in US

  • 📰 Reuters
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Commercial vehicle maker Daimler Truck on Thursday launched Rizon, a medium-duty electric truck brand for the U.S., aiming to take on the likes of Isuzu Motors Ltd and Toyota Motor Corp's truck and bus unit Hino Motors Ltd .

Truck makers have long anticipated a shift to electric vehicles with lower maintenance costs, but uptake has been slow because of the higher purchase price and a lack of adequate charging infrastructure.

Distribution will start in the fourth quarter through an exclusive agreement with Velocity Vehicle Group, the company said.

 

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