The Challenge
Demand for road freight is expected to triple by 2050, while the sector must almost entirely decarbonize in the same timeframe, to meet the Paris Climate Agreement. Given the fragmented market, asset lifecycles and massive infrastructure adaptation needed, urgent action is required now, to ensure the transition pathways may accelerate during the 2030s.
The Opportunity
In 2021, the initiative was launched with a strong emphasis on conducting leading analytical research focused on identifying the barriers to deploying zero-emission trucks, determining the timeline for achieving Total Cost of Ownership (TCO) parity with diesel alternatives based on market dynamics and usage patterns, and pinpointing policy enablers.
As it enters its third year, the initiative is shifting its focus to strategically deploying infrastructure by addressing critical roadblocks such as land availability, complex and inconsistent permitting procedures, high capital costs, lack of standardization, and challenges related to power capacity and grid integration.
Additionally, the RFZ Community is committed to fostering collaboration and dialogue across the entire value chain, involving stakeholders such as financiers, utilities, and other energy players, to discuss strategic infrastructure deployment and conduct mapping exercises.
Lastly, its aim is to enhance visibility on infrastructure deployment for the private sector, providing predictability for procurement, route planning, and investment decisions while recognizing the pivotal role of logistic hubs in the value chain transition.