For Jobs and The Economy
The ACT rule would not only help North Carolina hit its climate goals but also bring significant job and investment opportunities to the state.
By adopting the ACT rule North Carolina will:
Support in-state businesses: Companies across the nation are increasingly demanding clean trucks and vans to help them meet their climate and pollution goals, and to save on the costs of fuel and maintenance.
Attract investment: North Carolina can take advantage of the federal stimulus money to build out charging infrastructure. Furthermore, adopting ACT would send a strong signal to current and future EV manufacturers and supply chain companies that NC is an excellent place to do business.
Create sustainable job opportunities: Over a quarter-million people were employed in the clean vehicle industry in 2019. As of today, over $300 billion in global private investments have been directed to electric vehicles.
Keep dollars local: When drivers charge their trucks and buses, their dollars go to local electric utilities, and don’t flow out of state to multinational oil companies.
The technology is ready...
More than 150 zero-emission truck and bus models are expected to be commercially available by 2023. Because zero-emission trucks and buses are so much cheaper to operate and maintain, in every vehicle class, electric trucks and buses are projected to achieve total cost of ownership parity with their diesel or gasoline counterparts by 2030 without financial incentives, and in many cases by 2025.
A recent North American Council for Freight Efficiency study found that the technology for vans and step vans, medium-duty box trucks, terminal tractors, and heavy-duty regional haul tractors is mature enough for fleets to be making investments in production Commercial Battery Electric Vehicles.
North Carolina won’t be acting alone among states. This year alone, Washington, New Jersey, New York and Massachusetts are looking to adopt Clean Truck policies, and California has already put them in place. Working together, states will move the market more quickly and those who adopt first will be first in line for the rewards.