MediumMarketSignal detected 8d ago

EPA Finalizes Phase 3 GHG Standards for Heavy-Duty Vehicles Starting MY 2027–2032

Heavy Duty Vehicle Market 2025 to 2032: Electrification, Emissions Regulation and the Reshaping of Global OEM Competition →
What Changed

On March 29, 2024, the EPA finalized new Phase 3 greenhouse gas standards applying to heavy-duty vehicle manufacturers for model years 2028 through 2032, alongside revisions to certain MY 2027 Phase 2 standards. The technology-neutral rule covers vocational vehicles and tractors, aiming to reduce GHG emissions by up to 60 percent by 2032 for some vehicle classes. However, stakeholders express concern over the tight timeline and the lack of available electric and hydrogen infrastructure.

At a Glance
Severity
Medium
Likelihood
High
Spend Exposed
-

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Likelihood: how probable the engine judges it is to happen or persist.

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Confidence
90%
Recommended Actions 1

Assess OEM heavy-duty fleet transition strategies and infrastructure readiness

Evaluating supplier technology roadmaps for zero-emission vehicles will help mitigate potential supply availability risks ahead of the MY 2027–2032 compliance targets.

Evidence 4
gilbarco.com

Source · gilbarco.com

Climate change is at the top of the global political agenda, and it will mean re-thinking the way we travel. Transportation produces almost a third (28%) of United States’ greenhouse gas emissions, according to the EPA, with 80% of that coming from road vehicles. Worse still, emissions are still rising; a growing population and healthy economy have fuelled a 47% increase in total mileage between 1