As representatives of sub-national governments, businesses, and other organizations with influence over the freight truck and bus industry and road transport, we fully endorse the ambition of the Global Memorandum of Understanding (MOU) for Zero-Emission Medium- and Heavy-Duty Vehicles (ZE-MHDVs). The MOU aligns countries around a joint ambition for ZE-MHDVs, aiming for 30% new MHDVs being zero emissions by 2030, and 100% by 2040, as to facilitate net-zero carbon emissions by 2050.
We endorse the MOU as part of the wider and coherent efforts to accelerate the ZEV transition. We will work together to overcome strategic, political, and technical barriers, accelerate ZEV production and deployment, and increase investment and economies of scale, to make the transition faster, more cost effective, and easier for everyone. Recognizing that more efforts are needed in emerging markets and lower income countries we strive to work with these economies in ways that will enable them to realize the MOU ambition.