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The Intelligence: Bear up

The Intelligence from The Economist

Regulations and Technology Pushing Electrification of Lorries

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Regulations differ for trucks and lorries compared to passenger cars, with requirements in America aiming for half of new buses and a quarter of new heavy-duty lorries to be all-electric by 2032, along with tax credits for clean vehicle buyers. The European Union mandates a 15% cut in fleet average emissions by 2025 and 43% by 2030 from 2019 levels. Combining technological advancements and stricter regulations is driving the gradual but certain shift towards electric lorries, following the path paved by passenger cars towards a future of all-electric road transport.

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