US nonprofit to spend $250 million on electric trucks to lease at California ports

[ad_1]

LOS ANGELES: US nonprofit Climate United on Tuesday announced a plan to spend up to $250 million to buy as many as 500 electric semi trucks over three years in what it called the biggest single order of those zero-emissions trucks in the country so far. Climate United then aims to lease those vehicles at attractive rates to truckers that haul containers to and from California seaports, where roughly 33,000 so-called drayage trucks must have zero tailpipe emissions by 2035. The program could give a much-needed jolt to the adoption of heavy-duty electric trucks that now account for less than 1% of the total US trucking fleet. Those vehicles can cost as much as three times more than traditional diesel versions that are a major source of planet-warming greenhouse gases. "High upfront costs make it difficult for independent owner-operators and small fleets to transition to all-electric," said Beth Bafford, CEO of Climate United. The Maryland-based nonprofit said it plans to make initial orders in the first quarter of 2025 and that it is prioritizing class 8 trucks that are assembled in the United States with domestically made parts. Trucks from manufacturers like Volvo Trucks North America , BYD and Kenworth already are shuttling cargo around ports in California, including the nation's busiest seaport complex in Los Angeles and Long Beach. Climate United's program is funded by a $6.97 billion grant from the National Clean Investment Fund, part of the Greenhouse Gas Reduction Fund created under President Joe Biden's Inflation Reduction Act. Climate United also is partnering with Forum Mobility, which is building charging depots in California ports and along common freight routes. "For so long, this has been the story of the chicken and the egg. You can't have the trucks before you have the charging, and you can't have the charging before you have the trucks," said Jacqueline Torres, a vice president at Forum Mobility. "This program brings both of those together." [ad_1]

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67211e3439494cd0ab4f8e47c75102b2&url=https%3A%2F%2Ftimesofindia.indiatimes.com%2Fworld%2Fus%2Fus-nonprofit-to-spend-250-million-on-electric-trucks-to-lease-at-california-ports%2Farticleshow%2F114726569.cms&c=6076114277384292424&mkt=en-us Author : Publish date : 2024-10-28 22:07:00 Copyright for syndicated content belongs to the linked Source .

US nonprofit to spend $250 million on electric trucks to lease at California ports

Faymonville Invests $100M in Little Rock Facility, First in US

Migrating pelicans may visit Arizona this winter. Here’s where and why

Migrating pelicans may visit Arizona this winter. Here's where and why

Bad Bunny’s Daring Leap: Bringing Puerto Rico to the Super Bowl Spotlight!

Suriname Triumphs: A Historic Victory as the Nation is Declared Malaria-Free!

Heartbreaking Drone Strike: Were Two Trinidadians Victims of a U.S. Attack Near Venezuela?

Don’t Miss a Moment: Stream the Thrilling Uruguay vs. Peru Showdown in the Copa America Femenina Today!

Discovering the Untold Story: The 50-Year Quest for the U.S. Purchase of the Virgin Islands

Lawmakers Demand War Powers Vote as Tensions Rise Over Trump’s Venezuela Threat

Alabama’s Automakers Prepare for Trump’s Tariffs: A Bold New Strategy Unfolds!

Heartbreaking Tragedy Exposes Critical Failures in America’s Pedestrian Safety

Uncover the Caribbean’s Best-Kept Secret: The Island Everyone is Talking About for Its Safety!

Antigua and Barbuda Poised to Shine as the Caribbean’s Second Fastest Growing Economy!

Categories

Archives