Energy Exchange

Developing a robust charging infrastructure at and around fleet depots and other facilities where trucks operate is critical to enabling the expeditious deployment of zero-emission medium- and heavy-duty vehicles. The Alternative Fuel Vehicle Refueling Property Credit, also known as the 30C tax credit, is one of the most impactful policies for achieving this end and recent proposed guidance from the U.S. Department of Treasury could make this credit available for businesses’ 2024 tax filings to support electrification efforts.  

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Photo courtesy of North American Council for Freight Efficiency (NACFE)

The U.S. Environmental Protection Agency‘s proposed Phase 3 Greenhouse Gas Emission Standards are poised to add yet another spark to the medium- and heavy-duty truck industry’s acceleration toward low- and zero-emission trucks.

Whereas many of the incentives included in the Inflation Reduction Act are intended to spark demand for zero-emission trucks, EPA’s proposed truck rule, when finalized, could help to ensure there will be a robust supply of low- and zero-emission solutions for fleets. In EPA’s proposal for these technology-neutral performance standards, the agency projects manufacturers could meet the standards through increasing market shares for zero-emission trucks. For example, in 2030, this could help ensure that 27% of medium-duty vocational trucks – like parcel delivery step vans, and 20% of tractor-trailer day cabs will be ZEVs.

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Photo courtesy of EDF’s Maaz Haider

If you want to get a clear picture of where an industry’s biggest players think the market is headed, go to their annual trade show. I attended Work Truck Week 2023 in Indianapolis this week, and the picture was unmistakable: Work trucks are going electric. Now’s the time for fleet managers and state and local leaders to develop roadmaps to navigate and manage this transition.

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