The latest white paper entitled “Current Electric Vehicle Infrastructure and Fuel Choice for Medium & Heavy Trucks” is now available on the AFLA website. The paper, produced by PHH Arval, provides an overview of the current status of electrically fueled vehicles and the potential for utilizing the technology as an option for powering trucks in the future.
According to the new study, the infrastructure expansion and potential increased company profitability cannot be realized without the following:
1) Demand for more efficient fuel
2) Support from large investors
3) Government incentives to prompt investment
The authors conclude that the private and public sectors have realized the benefits that electric powered vehicles provide are at least enough to warrant an initial investment. The government has shown support by providing incentives and in some cases has placed orders for electric vehicle productions. With the rapid expansion and potential for lower operating costs, the trucking industry will be able to shorten the return on investment period and provide the public with environmental benefits such as cleaner air.
AFLA members, go to www.aflaonline.com and click on “Resources” to access the latest white paper.