As electrification and infrastructure startups mature, banks get interested in lending money to help the best of them grow.
California leads zero-emission truck adoption, but other states are growing faster in certain types of commercial EVs.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
Small fleets can get a voucher twice the standard $120,000 when purchasing an electric truck. And they don’t even have to purchase it.
Cal Fleet Advisor mostly geared to smaller fleets; no fee for the service
Megawatt charging is too much for pretty much every electric truck save for the purpose-built Tesla Semi. But that is slowly changing.
California companies may be able to get up to $500,000 per purchase of a qualified zero-emission terminal tractor, refrigeration unit or forklift.
Some free money from California to buy down the cost of electric trucks remains, but you better hurry to apply.
“Ranges for zero-emission trucks are improving over time with battery technology advancements,” said Yin Qiu, data scientist at Calstart.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
From storing renewable energy stocks to tapping high-voltage transmission lines, the juice to power electric trucks has to come from somewhere.
Truck Tech is a weekly newsletter offering perspective and context on electrification and autonomous technologies for fleets and the trucking ecosystem.
Manufacturers take varied approaches to avoiding the chicken-and-egg conundrum of electric trucks. PACCAR is selling and financing them with leases for battery-powered trucks.
Greenhouse gas regulations are the sticks and incentives are the carrots in driving the heavy-duty truck and commercial vehicle industry to embrace electrification.
The engine displacement in Class 8 commercial tractors is expected to drop in coming years as stricter federal emissions standards take effect in the next decade.
The rise and fall of interest in natural gas trucks typically depends on the price of oil. Now, the availability of clean energy credits in California and tougher NOx rules expected from the California Air Resources Board are additional reasons for purchase.
“Our members consider the legislation a betrayal. They complied with the Truck and Bus rule and now face the specter of being told it’s not enough.”
Tyson Foods will be testing a tractor that will utilize Achates Power’s opposed-piston engine technology that is said to reduce NOx emissions by 90% from current standards.
