Market Moves: Electric Vehicles - Apr 5th, 2024
 
 
Is the EPA being too harsh on trucking?
Market Moves: Electric Vehicles | View online
 
April 5, 2024
From the Editor

Despite big automakers pulling back on their EV goals and recent less-than-stellar performance from some EV companies, the United States is, for now, still on track to hit its emission reduction goals set in a time when EV accounted for less than 1% of new cars. In this edition of Market Moves EVs, we’re taking a broad look at the effect of electric vehicles’ introduction on the country and the opinions surrounding them. From the looming “threat” of Chinese EVs, to “hard-to-achieve” greenhouse gas emissions standards for trucks, and even “eminently practical” hybrid-electric aircraft, you’ll get a range of takes, analyses, and news this issue, and we hope you enjoy.

Jennifer Ramsay

 

It could cost fleets $145,000 per heavy-duty truck and $54,000 per medium-duty truck to build out EV infrastructure.
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National security issues are concerning, but Chinese-made EVs will only make a small dent in US sales through 2030.
The automaker is banking on a team of engineers to develop a flexible platform for part of its next generation of EVs.
By forcing the market to match regulators' lofty wishes, trucking's decarbonization journey could slow.
The strategy extends to hydrogen vehicles with a goal of 30% ZE-MHDV sales by 2030 and 100% by 2040.
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Prototype tests show they could change the economics of regional, short-haul, and air taxi services.
Buses have historically dominated the market, but electric trucks may drive long-term growth.
The company's goal is to have all passenger tires prepared for EVs and simplify the selection process.