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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

A new generation of solutions will be needed to electrify America’s fleet and achieve a zero-emissions future by 2050. This shift will require understanding and developing innovative financing approaches and non-financial support tools that overcome key hard and soft costs, risks and uncertainties, and market frictions.

Financing 221
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Range Energy’s RA electrified trailer platform now eligible for up to $80k in California incentives

Green Car Congress

The RA-01 was designed to reduce diesel consumption during yard operation, at the dock, while idling, and in a multitude of other scenarios. Range’s electric-powered trailers hook up to any diesel-powered truck today, providing fleet owners 30-40% better fuel efficiency as they aim to meet new regulations and bring down their cost-per-mile.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. —Carlton Rose, President, Global Fleet Maintenance and Engineering for UPS.

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EPA to award up to $4M for projects to reduce diesel emissions from port fleets

Green Car Congress

EPA’s Office of Transportation and Air Quality (OTAQ) is soliciting proposals ( EPA-OAR-OTAQ-14-02 ) that achieve significant reductions in diesel emissions in terms of tons of pollution produced by diesel engines and diesel emissions exposure, from fleets operating at marine and inland water ports.

EPA 257
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Propane Autogas fueling nearly 600 Nestlé Waters’ delivery trucks; about 30% of NA fleet

Green Car Congress

The company now operates nearly 600 of these alternatively fueled trucks, which make up about 30% of its total North American fleet. Based on the proven emissions reduction compared with our older diesel units, and lower fuel and total cost of ownership, we knew this was the right application for us within the alternative fuel space.

Water 150
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With HVIP vouchers, California fleets can buy new electric trucks for less than new Tier 4 diesels; funding queue for next year filling fast

Green Car Congress

Heavy-duty electric truck builder Orange EV announced that fleets in California can purchase a new T-Series pure electric terminal truck for less than the cost of a new Tier 4 diesel truck. More than 60% of Orange EV’s fleets have re-ordered. —Mike Saxton, Orange EV chief commercial officer.

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Regina steps up, adding 53 electric buses to its public transit fleet

Baua Electric

Saskatchewan’s capital city is moving forward with plans to electrify its Regina Transit fleet, signing a five-year contract with Nova Bus to acquire 53 battery electric city buses. The first installment of its larger order will see seven of its LFSe+ 40-foot , long-range buses delivered to the City of Regina early in 2025 at a cost of $10.8

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