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Ride Radar > Blog > Electric Vehicle > Nonprofit to buy 500 electric semi trucks by 2028 in $250M deal
Electric Vehicle

Nonprofit to buy 500 electric semi trucks by 2028 in $250M deal

Last updated: November 4, 2024 6:13 am
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Climate United, a Maryland-based nonprofit organization, recently made headlines with its ambitious plan to purchase up to 500 electric semi trucks over the next three years. This $250 million investment represents the largest single order of zero-emission Class 8 trucks in the United States, signaling a significant commitment to sustainability and environmental responsibility.

The nonprofit’s innovative approach involves leasing these electric trucks back to trucking fleets at competitive rates, with the aim of accelerating the transition to electric vehicles in the trucking industry. By reducing or eliminating the upfront costs associated with battery electric vehicles (BEVs), Climate United hopes to incentivize truckers who transport containers to and from California seaports to embrace electrification sooner rather than later.

Beth Bafford, CEO of Climate United, emphasized the challenges faced by independent owner-operators and small fleets in transitioning to all-electric vehicles due to high upfront costs. The organization plans to prioritize American-made Class 8 electric semi trucks, such as the Volvo VNR Electric, Kenworth T680e, and BYD 8TT tandem axle day cab, in its procurement process.

The announcement has garnered praise from US Congresswoman Nanette Diaz Barragán, who highlighted the positive impact of reducing diesel pollution from drayage trucks on public health and the environment. The $250 million purchasing program is funded by a grant from the National Clean Investment Fund, underscoring the government’s commitment to promoting clean energy solutions.

In collaboration with Forum Mobility, Climate United is also working on building charging depots in California ports and along common freight routes to support the widespread adoption of electric trucks. Jacqueline Torres, a vice president at Forum Mobility, emphasized the importance of bridging the gap between infrastructure development and electric vehicle deployment.

See also  Port of Long Beach shows off electric service fleet for Earth Week

The initiative has been lauded for its innovative approach to leveraging federal funding to facilitate the transition to cleaner transportation technologies. By making electric trucks more accessible and affordable for commercial fleet operators, Climate United is contributing to a cleaner, healthier future for communities around major ports in California.

In conclusion, the nonprofit’s bold commitment to purchasing a large fleet of electric semi trucks represents a significant step towards reducing emissions, improving air quality, and combating climate change. With government support and industry partnerships, Climate United is paving the way for a more sustainable and environmentally friendly transportation sector.

Source: Climate United, Reuters; featured image by the author.

TAGGED:250MbuydealelectricNonprofitsemiTrucks
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