A new Roland Berger think tank report released by the Clean Freight Coalition says $1 trillion will be needed to finance the transition to electric freight vehicles. And this is without the cost of battery transport.
The global budget is mostly aimed at infrastructure, which should be developed more actively. The conclusions of Roland Berger experts primarily concern commercial transportation and energy infrastructure.
Clean Cargo Coalitionwhich unites associations of carriers, shippers, and vehicle manufacturers, agrees with this and has already launched a broad discussion of the analytical treatise.
The trucking industry is expected to invest nearly $620 billion in truck charging stations alone. Communal support will reach at least 370 billion dollars.
“Heavy-duty EVs have more intensive charging needs and will require three times more infrastructure investment per vehicle than average passenger EVs”– is emphasized in the study.
The authors clarify that $1 trillion package does not take into account the purchase of electric cars, the cost of which is twice or even three times higher compared to diesel ones. If a classic diesel truck costs $180,000 today, an electric truck will cost $400,000.
Roland Berger's analysis caused a positive reaction among manufacturers, carriers, and logistics services. Not only representatives of the freight sector of road transport, but also of the passenger sector joined the discussion.
“Forcing the transport sector to switch to electric trucks, without taking into account everything that is connected with it, does not make sense. This study is a wake-up call and should change the conversation. The US bus industry has strong potential. environmental record, cleaning cars from the roads and reducing traffic jams. We will continue to support climate initiatives, but they must be based on reality, and the reality is that charging infrastructure has a long way to go before the transition to electric vehicles is successful.”– says Peter Pantuso of the American Bus Association.
“We are facing a $1 trillion underfunded mandate that has huge implications for the American consumer. You don't overcome obstacles by ignoring them, and this study shows the high investment costs needed to electrify the commercial vehicle industry.”– the head of the American Trucking Associations, Chris Spear, agrees with the experts' conclusions.