Thermo King announces electrification investment

Thermo King announces electrification investment

Thermo King says it will invest more than $100 million over the next three years to deliver a fully electric product in every segment of the cold chain by 2023.

The company says its all-electric portfolio, branded Evolve, will include electric refrigeration solutions for truck, trailer, rail, air and marine transport in the North America, Latin America and Europe, Middle East and Africa (EMEA) regions. This will help advance the 2030 Sustainability Commitments of Trane Technologies, parent company of Thermo King, including its Gigaton Challenge to reduce customer greenhouse gas emissions by 1 billion metric tons.

As new products are added to the evolve portfolio, electric solutions will be available in every cold chain segment in EMEA by 2023, and in the Americas by 2025, the company says.

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