Con Edison (NYSE: ED) and its partners Lion Electric and Posi-Plus are developing the country's first all-electric bucket truck

Summary: First-Of-Its-Kind All-Electric Utility Bucket Truck Makes Clean Energy Breakthrough: Con Edison (NYSE: ED) Con Edison (NYSE: ED) and its partners Lion Electric and Posi-Plus are developing the country's first all-electric bucket truck capable of performing the full range of work that electric utilities require of such vehicles. The truck will be unique on American roads when Con Edison takes possession early next year, running entirely on electricity. "Medium- and heavy-duty trucks are more challenging to electrify than cars, but the purchase of our first all-electric bucket truck shows the market is real today and it will only accelerate from here," said Con Edison Chief Executive Officer Tim Cawley. "While initially small in scope, this represents an important step in Con Edison's journey toward fleet electrification."  "We are all in on electric vehicles," Cawley added, "and that means transitioning our own fleet while making it easier for our customers to charge up their own vehicles." Lion Electric, a leading North American manufacturer of zero-emission heavy-duty vehicles, and Posi-Plus are building the truck to Con Edison's specifications, with a Lion8 all-electric chassis and aerial equipment drive. Delivery of the vehicle in early 2022 will be followed by its use in a pilot program. The Iconic Utility Truck Reimagined 
Bucket trucks are a critical tool for building and maintaining the electric grid, which is set for major investment and expansion as the country shifts toward cleaner sources of energy. Con Edison owns more than 300 such trucks. While electric vehicles carry higher upfront costs than traditional gas-powered models today, they can already save money on fuel costs, and battery prices are dropping rapidly. Con Edison's all-electric bucket truck will be quieter than models with an internal combustion engine, and the electrified version won't emit any carbon dioxide or other forms of air pollution. Utility trucks are often required to spend significant amounts of time idling as they prepare for and perform work, making them an attractive target for electrification. "Con Edison has proven to be a leading innovator among utilities in the United States, and our all-electric Lion8 bucket truck is another example of the paradigm shift that is happening in heavy-duty transportation," said Marc Bedard, CEO and founder of Lion Electric. "Utility trucks are a prime application for electrification that we identified early on, and by eliminating emissions from long idling sessions, utilities have the added benefit of improving the environment and air quality in their own communities while eliminating noise pollution as well." About Con Edison
 Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE:ED], one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $63 billion in assets. For more information, please visit https://www.coned.com/ Read the full press release: https://greenstocknews.com/news/nyse/ed/first-of-its-kind-all-electric-utility-bucket-truck-makes-clean-energy-breakthrough   Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media. Green Stock News For the New Green Economy. https://www.greenstocknews.com