A recent study conducted by the Pembina Institute has revealed some promising news for the future of commercial trucks in Toronto. The study found that a significant portion of the trucks and vans in the Greater Toronto and Hamilton Area (GTHA) are ready to transition to electric vehicles. In fact, the study suggests that up to a third of these vehicles could be electrified today, with that number potentially rising to over half by the early 2030s.
The benefits of electrifying the truck fleet in the GTHA are clear. Not only would businesses be able to save on fuel and maintenance costs, but the switch to electric trucks would also help reduce harmful air pollution in the region. This reduction in pollution could lead to significant improvements in public health and a decrease in healthcare costs associated with air pollution-related illnesses.
One of the key takeaways from the study is the importance of public policy in driving the adoption of electric trucks. Without the right policies in place, businesses may face unnecessary hurdles in making the switch to electric vehicles. The authors of the study emphasize the need for Ontario to implement policies that support the transition to zero-emission trucks, highlighting the economic opportunities and environmental benefits that come with electrification.
Interestingly, the findings of the Pembina Institute study align closely with a similar report from the California Air Resources Board (CARB) on the electrification of heavy-duty trucks. Both studies suggest that the main barrier to electrification is not technological capability but rather the availability of electric truck options in the market.
As jurisdictions around the world set ambitious targets for the sales of zero-emission vehicles, it is clear that the transition to electric trucks is inevitable. By 2030, regions like Europe, China, California, British Columbia, and Quebec aim to have around 35% of new truck sales be zero-emission, with a goal of reaching nearly 100% by 2040.
Overall, the Pembina Institute study underscores the potential for Ontario’s truck fleet to go electric and the need for supportive public policies to facilitate this transition. With the right policies in place, businesses can benefit from lower costs, improved public health, and a cleaner environment, positioning Ontario as a leader in clean transportation.
