Pepsico's Glimpse into the Future of Trucking: Harnessing Tesla Semi's Potential
Aug. 08, 2023 10:20 AMKey Points
- Glimpse into Future: Pepsico's innovative use of Tesla Semi electric trucks provides a compelling preview of the transformative potential of electric vehicles in the trucking industry.
- Operational Diversity: Out of its 21 Tesla Semi trucks, Pepsico primarily employs 18 for short-haul deliveries within a 100-mile radius, highlighting the efficacy of electric trucks in last-mile logistics.
- Charging Infrastructure: Tesla's installation of 750 kW Megachargers at Pepsico facilities underscores the essential role of rapid charging solutions in facilitating efficient electric fleet operations.
- Energy Regeneration: Tesla Semi's regenerative braking system proves pivotal, allowing energy-neutral descents during challenging routes like Donner Pass, a feature that significantly boosts overall efficiency.
- Cost Efficiency: Achieving an average efficiency of 1.7 kWh per mile translates into tangible cost savings for Pepsico, showcasing electric trucks' economic viability compared to traditional diesel counterparts.
In a remarkable demonstration of the evolving landscape of transportation, Pepsico has provided an insightful window into its utilization of Tesla Semi electric trucks, offering a sneak peek into the future of the trucking industry.
With Tesla's electric semitrucks gradually making their way into the market, Pepsico's innovative incorporation of these vehicles is not only a testament to their commitment to sustainability but also a beacon of what lies ahead in the world of logistics.
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Tesla´s Trucks
Tesla's foray into electric trucks has garnered substantial attention, and Pepsico's adoption of these revolutionary vehicles shines a spotlight on the potential transformation of long-haul transportation. While Tesla's electric semitrucks are still a rare sight on the roads, it appears that a significant portion of them has found their home within Pepsico's fleet, primarily at its fully electrified and solar-powered Sacramento facility.
In a captivating video released by the North American Council for Freight Efficiency (NACFE), Pepsico unveils the intricacies of its utilization of Tesla Semi electric trucks, offering a comprehensive understanding of their operational dynamics.
Central to Pepsico's strategy is the deployment of 21 Tesla Semi electric trucks, a substantial number that underlines the company's commitment to embracing innovative solutions for its transportation needs. These trucks primarily function within a radius of 100 miles, encompassing multiple stops throughout their routes and operating up to 12 hours a day. This configuration aligns well with the growing trend toward last-mile delivery services, where electric vehicles have demonstrated their prowess in efficiency and environmental impact.
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Dejan Antunovic, electrification program manager at Pepsico, sheds light on the diversity of the company's Tesla Semi operations. While the majority of these trucks are dedicated to short-haul deliveries, an intriguing subset of three vehicles embarks on long-haul routes spanning distances of 250 to 450 miles. Such versatility underscores the growing capabilities of electric trucks, challenging conventional assumptions about range limitations.
In tandem with the deployment of Tesla Semi electric trucks, Pepsico's infrastructure upgrades are equally noteworthy. Tesla's installation of 750 kW Megachargers at Pepsico facilities is a significant stride toward tackling the charging infrastructure challenge. These rapid chargers facilitate an impressive 80% capacity charge in less than 45 minutes, mitigating concerns related to prolonged charging times.
The integration of such high-capacity charging infrastructure has not come without its challenges. Pepsico acknowledges the intricacies of installing substantial charging power at its facilities, underscoring the importance of leveraging these experiences to pave the way for future electrified depots. This adaptive approach not only addresses current needs but also sets the foundation for a more electrified future.
One of the most compelling aspects highlighted in the video is the tangible impact of Tesla Semi's regenerative braking system. The recuperation of energy during braking, particularly evident during descents such as Donner Pass en route to Nevada, serves as a game-changer in enhancing efficiency. The ability to achieve energy neutrality during downhill stretches accentuates the sophistication of Tesla's engineering, translating into real-world benefits for Pepsico's operations.
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A Key Metric
A key metric of electric vehicle efficiency, kWh per mile, showcases Tesla Semi's impressive performance. Pepsico reports an average efficiency of 1.7 kWh per mile, a figure achieved over the last few months. This figure not only highlights the ongoing improvements in Tesla's technology but also underscores the potential for substantial cost savings. With an electricity rate of $0.14 per kWh in off-peak times in Sacramento, Pepsico's calculated 23% reduction in fuel costs compared to efficient diesel trucks is a testament to the economic viability of electric transport solutions.
The video offers a glimpse into the experiences of Tesla Semi truck drivers, and their testimonials underscore the positive user experience. The comfort, ease of driving, and improved visibility are cited as notable advantages, enhancing both the operational and driving aspects of these electric vehicles.
Pepsico's commitment to eliminating emissions from its operations by 2040 is a driving force behind its adoption of electric vehicles. With an ambitious goal in sight, the company's sizable order of Tesla Semi trucks reinforces its dedication to sustainable transport solutions. As the trucking industry evolves and embraces electric mobility, Pepsico's pioneering efforts with Tesla Semi herald a transformative era where efficiency, environmental consciousness, and innovative technology converge to reshape the future of trucking.
Institutions Holding PEP
- # of Institutions 3,624
- Shares Held 1.01B
- Call Options Held 9.15M
- Put Options Held 7.64M
About PEPSICO INC
- Ticker PEP
- Exchange NASDAQ
- Sector Consumer Defensive
- Industry Beverages—Non-Alcoholic
- Shares Outstandng 1,377,709,952
- Market Cap $244B
- Description
- PepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and...