ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

New Technology is Ushering in an Era of Sustainable Trucking

photo

SPONSORED CONTENT -- (StatePoint) At a time when the ongoing fight against climate change has never been more critical, and new federal efforts are being made to address systemic environmental justice issues, automotive industry insiders say that a recent engineering breakthrough could usher in an era of cleaner, more sustainable trucking.

In a recent real-world demonstration, heavy-duty, Class 8 fuel cell electric vehicles (FCEVs), jointly designed by Toyota Motor North America and Kenworth Truck Company, have been proven to offer a viable zero emission alternative to diesel fuel. The hydrogen-powered T680 FCEV has a range of 300-plus miles when fully loaded to 82,000 pounds, and with no downtime for charging, and a short 15- to 20-minute fill time, it could run multiple shifts a day, covering up to 400 to 500 miles.

Why is this so significant? Trucks are currently responsible for more than their fair share of vehicle-related emissions. In California, for example, home to the busiest container port in North America, medium-duty and heavy-duty trucks make up only 3% of vehicles on the road, yet they produce 23% of the overall emissions for the state. Vehicle emissions contribute to climate change, impacting everybody, and, because of where highways and industrial operations tend to be located, truck emissions disproportionately and unfairly impact low-income communities and people of color.

When compared to diesel-fueled trucks of similar range and power, the T680 FCEV, codenamed “Ocean,” reduced greenhouse gases by 74.66 metric tons of CO2 per truck annually. Its designers say this highlights the clean vehicle’s potential to change the game. And the recently completed demonstration project was just scratching the surface of what could be possible in a future where hydrogen serves as a fuel, taking a bigger role in various applications, from heavy-duty transport to industrial power generation and passenger vehicles.

“Having a successful real-world demonstration of FCEV trucks for actual customers opens the door to broader deployment. The use of hydrogen helps eliminate CO2 from heavy-duty transport, while offering a cleaner alternative that keeps the vehicles in service -- a win for all parties,” says Andrew Lund, Toyota chief engineer, zero emission advanced product planning. “The potential for this technology to replace higher-emission powertrains is real, which helps us achieve our goals of carbon neutrality, while supporting both regulatory and societal initiatives to combat climate change and foster environmental justice.”

*****

Photo Credit: Courtesy of Toyota Motor North America

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.