Advancements in technology and increased, though uneven, political support have set the market for electric heavy-duty vehicles in motion. Prices are falling and battery performance is improving but infrastructure remains a barrier
Major manufacturers are collaborating to promote the rollout of infrastructure for electric heavy duty vehicles
EXPENSIVE TOLLS Government subsidies can help lower the initial outlay for transport operators to purchase electric trucks before costs are competitive with the diesel-powered incumbents
POWER LINES Charging infrastructure along major transport routes in Europe is lacking, particularly for heavy duty vehicles
KEY QUOTE Within a few years, we will witness a massive shift towards electrified battery driven HDVs and the share of electrified HDVs will grow much faster than what we have expected so far ...
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Decarbonisation of haulage fleets within cities and on highways is reaching a tipping point as technology improves
Electric cars as the best lower carbon replacement for the internal combustion engine is a done deal for many, but how to decarbonise the haulage sector is an ongoing debate. Increasingly, policy makers and truck manufacturers in Europe seem ready to embrace electric solutions for trucks as well as smaller vehicles
Politically there is broad support in Denmark for financing the green transition through taxes and a carbon emissions tax proposal has been welcomed by parties across the political spectrum, but industry opposition could ultimately quash the idea
Hydrogen suffers from an abundance of hype, particularly about what it can be used for in the energy transition. Wild claims for the application of hydrogen, with little basis in current science and commercial reality, have worked to obscure the realistic opportunities for putting truly clean hydrogen to work here and now
Enshrine stability and predictability in law to ramp up investment