Industry & Regulatory Backdrop

Mandates for emission reductions cannot be met by the existing fleet.

Only ways to meet reductions:

1.Replacement

• Wholesale replacement is infeasible. It would take years to replace the current US fleet of Class 7 and 8 trucks. 

• Simply cost prohibitive for vast majority of truck operators, most of whom only buy used trucks.

2. Retrofit Technologies

• Existing retrofit technologies, such as filters, are expensive and typically degrade economic performance. In addition. range is restricted with other retrofit technologies such as CNG, LNG, Propane and Hydrogen.

• These retrofit technologies also require significant supportive infrastructure investment.