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March 25, 2024 at 7:04 pm

Electrifying Trucking in U.S. Could Cost As Much As $1 Trillion, Burden Consumers, Study Warns…

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by Kevin Killough at Just the News

Anew study by Roland Berger, a global consulting firm, estimates that it will cost over $1 trillion to build out the infrastructure needed to support electric medium and heavy-duty trucks. The study was funded by the Clean Freight Coalition, which includes a number of trucking industry groups.

Trucking fleets and operators of charging stations, according to the study, will need to invest $620 billion into new charging infrastructure. This includes the chargers, site infrastructure and utility cost service.

Trucking operators will also need to invest in on-site charging stations, which the study estimates will cost in total $496 billion. Chargers for heavy-duty trucks, such as semi trucks, will cost $145,000 per vehicle. Medium-duty trucks will cost $54,000 per vehicle.

The Environmental Protection Agency released its final tailpipe emission standards this month. While the rules don’t apply to heavy-duty vehicles, the EPA estimates that, to be in compliance with the standards, automakers will need to make 20% to 32% of the medium-duty vehicles they produce be electric. This includes vehicles like the popular Ford F-150 Lightning.

The Berger study also estimates…

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