For vehicle of that size to have a controlled descent using only the magnetic field (from the generator) as the braking force, it has to be one massive magnet, no? In which case, it is also adding to the overall weight of the vehicle.
But this truck would need to be able to back up, make u-turns, etc, while fully loaded.
So the motors must be strong enough to drive it uphill even when fully loaded, if only simply for the sake of positioning and maneuvers.
Also trains have been doing it for decades.
> Modern generators with field coils are self-excited, where some of the power output from the rotor is used to power the field coils.