Funding, mandates fuel commercial-vehicle electrification

Legislators provide the impetus to electrify trucks and buses, leading to several engineering challenges.

Government funding and electrification mandates are providing strong tailwinds for electric vehicle (EV) suppliers. But to optimize their transitions, fleet operators will have to analyze many factors ranging from charging infrastructure to financing while also determining whether to buy new vehicles or convert internal-combustion platforms to electric drivetrains.

Strategies for leveraging government funding and creating efficient long-term operating plans were examined by a range of industry experts at the recent Lightning Day event hosted by Lightning eMotors and attended by customers, investors and select media including TOHE. Several government actions made panelists bullish about market prospects.