Financing the Transition: Unlocking Capital to Electrify Truck and Bus Fleets
Broader collaboration and a new generation of finance solutions are needed to achieve a zero-emissions future by 2050.
Broader collaboration and a new generation of finance solutions are needed to achieve a zero-emissions future by 2050.
This paper summarizes the new vehicle sales market for Class 2 through Class 8 heavy-duty truck and buses in the United States and Canada. In addition, it profiles the early market for zero-emission HDVs and provides a snapshot of the battery-electric and hydrogen fuel cell products available across different truck and bus segments.
The California Air Resources Board (CARB) has proposed new zero-emission vehicle (ZEV) requirements through its Advanced Clean Trucks (ACT) proceeding. This report evaluates the proposed rule using the California Energy Policy Simulator (EPS).