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Tesla Semi Truck May Have a Competitor in Thor Trucks

Thor Trucks has announced their first electric truck ET-ONE which has taken a page out of Tesla’s playbook and is a conversion technology. Thor will convert the existing semi trucks into all electric versions of them much like Tesla did with their Roadster which used Lotus Elise body with Tesla developed electric power train and battery.

The problem, however, is that Thor ET-ONE will only go about 100 miles with a full load but cost as much as Tesla Semi Truck with a 300 mil range which is $150,000. I may not be understanding something here but I do not see why anybody would take this deal over Tesla’s.

It’s always good to have competition in this space but I’m not sure if this is technically a competition. We’ll have to wait and see if there are any takers and for what reason.

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