Applications

Applications

Heavy Duty Vehicles (HDV) | Regulations & Market Size

Heavy Vehicles (>6t) will be increasingly electrified because of emissions legislation tightening and more favorable Total Cost of Ownership for non-diesel powertrains Key Trends Regulations

Tightening of Heavy Vehicle CO2 legislation in North America (California ACT, ACF), EPA GHG 3, European HDV CO2 Regulation driving BEV and FCEV applications

ESG/CSR, Zero Emission Pledges driving BEV construction and mining equipment

There are no Off-Highway Machinery regulations in any major market globally, but California has a zero emission Executive Order and incentives driving BEVs Longer Range

Hydrogen investment to drive Fuel Cell Range Extended BEV post 2030

Longer range BEV with larger batteries (Long-Haul Class 8) coming to market 2023 Total Cost of Ownership

The financial profile of BEV in HDV applications is very favorable because the biggest factor of the Total Cost of Ownership (TCO) is the cost to operate the vehicle, including the fuel costs.

Source: KGP

Extracted from the PDF; charts and images may read imperfectly.