Heavy Duty Trucking Panel

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Heavy Duty Trucking Panel

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ACT Expo 2011 Alternative Clean Transportation

One Name. One Family. All The Best Brands.

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VELOCITY VEHICLE GROUP A COMPREHENSIVE FLEET SOLUTIONS PROVIDER FOR CALIFORNIA

CLEAN VEHICLE SALES Velocity Vehicle Group - Low Emission Truck & Bus Sales Low Emission Vehicles: New

Clean Diesel 2007-2010

New

Clean Diesel 2007 - 2010 Transit Buses(Cutaways)

Used

Clean Diesel 2007-2010

New

LNG Class 8 tractor

New

Clean Diesel 2007-2010 School Buses

New

CNG School Buses

New

CNG trash trucks

New

CNG Transit Buses

New

Hybrid medium duty trucks

# of Compliant Vehicles Sold

2008

2009

2010

Total 2008 - 2010

500

1,600

525

2,625

390 59 131 198 103 20 35 0 1,436

327 141 275 91 4 100 6 15 2,559

283 592 75 139 168 75 10 12 1,879

1,000 792 481 428 275 195 51 27 5,874

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VELOCITY VEHICLE GROUP ENVIRONMENTAL IMPACT A COMPREHENSIVE FLEET SOLUTIONS PROVIDER FOR CALIFORNIA

Total Project Emission Reductions Number of Units

NOx (tons)

PM (tons)

GHG (tonnes)

Clean Diesel 2007-2010

2,625

12,574

288

-

Clean Diesel 2007 - 2010 Transit Buses(Cutaways)

1,000

2,016

36

-

Clean Diesel 2007-2010

792

3,794

87

-

LNG Class 8 tractor

481

2,761

53

74,622

Clean Diesel 2007-2010 School Buses

428

1,584

60

-

CNG School Buses

275

1,166

38

46,585

CNG trash trucks

195

1,281

27

37,009

CNG Transit Buses

51

153

3

5,184

Hybrid medium duty trucks

27

38

0.5

2,532

5,874

25,366

53.8

165,932

TOTAL

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Calculations prepared by Gladstein, Neandross & Associates (Santa Monica, CA)

• VVG spearheaded effort to secure Early Prop 1B funds for 132 LNG trucks • VVG worked with Daimler to develop the only heavy-duty dedicated Natural Gas truck when the LA / Long Beach Port Clean Truck Program began in 2008. • Currently running ~ 400 LNG trucks (~ 50% of all alt. fuel trucks in the harbor ) • Super low emission trucks  86% less NOx  100% elimination of diesel PM  23% GHG benefit  100% petroleum displacement & domestic low carbon fuel

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VELOCITY VEHICLE GROUP A COMPREHENSIVE FLEET SOLUTIONS PROVIDER FOR CALIFORNIA

JUNE 2010 ENVIRONMENTAL BENEFITS (7 YEAR LIFE CYCLE)



Gulf of Mexico : 210,000 gallons a day of crude oil spilling into the Gulf of Mexico - thus far ~ 37 million gallons of oil (June 2010).



10.31 gallons of diesel fuel can be refined from one barrel of crude (42 gallons of oil)



9.1 million gallons = the amount of diesel that could be refined from the spilled 37 million gallons of oil



Cal Cartage’s 400 LNG trucks will displace 13.7 million gallons of diesel use.

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• 2006 - Crossroads formed. • 2008 - Formed Port Finance Acceptance Company in partnership with Daimler Truck Finance, managed Long Beach and Los Angeles Ports Clean Truck Financing Program. • 2009 – Became a qualified lender in the California Capital Access Program (CalCAP) and have been among the top lenders for trucks in the program. • 2010 – Member of California Air Resources Board (CARB) Truck Regulatory Advisory Committee, working to assist California businesses with regulations and government funding programs. • 2010 – Formed California Fleets Solutions, providing free regulatory compliance training, grant writing and other complimentary services to the California trucking industry. A one stop shop, where we simplify a complex set of issues for trucking companies. • 2011 – Crossroads will be submitting an RFP to CARB on May 13th to administer a CARB Funded Direct Loan Program. This program will provide subsidize loans to California companies retrofitting or purchasing compliant trucks. IT’S
THE
USE
OF
THE
EQUIPMENT
NOT
THE
OWNERSHIP
THAT
WILL
EARN
YOU
PROFIT! 10

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VELOCITY VEHICLE GROUP NOW LET ME INTRODUCE OUR FIRST SPEAKER

IT’S
THE
USE
OF
THE
EQUIPMENT
NOT
THE
OWNERSHIP
THAT
WILL
EARN
YOU
PROFIT! 12