Fleet electrification does not have to break the bank

06/24/2024

Electrifying truck freight transport to meet regulatory requirements and voluntary sustainability goals can be expensive and time consuming. One California company has figured out a way to get it done faster and at less cost than once thought possible.

Sustainability is a hot topic across the logistics industry. In addition, freight movement has been identified as a major contributor to both greenhouse gas and criteria pollutants. Tapping into this dynamic, legislators across the nation have introduced a slew of rules and regulations aimed at reducing emissions caused by commercial trucks. Many of these policies — especially those coming out of California — focus on cleaning up the trucking sector.

With reduced- and zero-emission compliance deadlines looming, fleets are considering their electric truck adoption options. While some carriers are excited about the environmental and cost-savings opportunities associated with electric trucks, the financial burden that comes with that adoption can be difficult to overcome.

To help fleets comply with emerging emissions regulations, several state governments provide a number of financial incentives. While California leads the pack in both legislative regulations and incentive programs, many states offer some kind of incentive for electrification. Additionally, multiple federal programs — such as a significant tax credit included in the Inflation Reduction Act — are designed to absorb some of the financial burden associated with electric truck adoption.

Government incentives can make electrification more attainable, but it is not always enough to help the average carrier get a fleet of electric trucks on the road. WattEV has set out to bridge the gap between carriers and incentive programs.

Read more: FreightWaves

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