CleanTechnica•4 days ago
Locked Out of Green Finance: What’s Holding Truckmakers Back?
- •European truckmakers are committed to a zero-emission future but face significant challenges in securing green finance for their transition, leading to slow production expansion of battery-electric vehicles.
- •The European industry is under increasing competitive pressure from Chinese manufacturers who are rapidly scaling up electric truck production and expanding globally.
- •The slow pace of EV truck deployment by major OEMs due to financing issues will delay the growth of heavy-duty charging infrastructure and the associated demand for renewable energy and grid capacity from developers and large power consumers.
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