Real-World Use Case for Zero-Emission Trucks: Market Review and Policy Suggestions for Guangdong Province
By Tianlin Niu, Yunxiao Ma, Yichen Zhang
This analysis of Guangdong's zero-emission truck (ZET) market shows that zero-emission logistics trucks have already experienced strong growth and commercialization and there are existing ZET models for specific use cases. At the same time, challenges remain for dump trucks and tractor-trailers. The study estimates that total cost of ownership (TCO) parity can be achieved in the near term through purchase subsidies for ZETs and emissions charges on diesel trucks. Tailored incentive policies and financial incentives for manufacturers to promote ZET adoption would also help stimulate the market and contribute to Guangdong’s decarbonization and air quality goals.
Read more at theicct.org.