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Stock impact report

California still bullish on EV trucks, despite industry opposition and setbacks in Washington [Los Angeles Times (CA)]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
State funds are being used to subsidize construction of an EV charging depot at the Port of Long Beach that can serve up to 200 trucks a day. It seemed like the death knell. The state of California failed to get required federal permission from the Biden administration — the Biden administration — to enforce new regulations that would phase out sales of diesel big-rig trucks to fleet operators at the state's seaports, forcing them to buy zero-emission vehicles instead. The regulations, known as Advanced Clean Fleets, faced pitched opposition from the trucking industry. But California plans to carry on anyway, hoping the carrot of subsidy money and the stick of other state regulations will accomplish its goals. Infrastructure improvements will help. Liane Ran Read more
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