In its latest push towards electrification, the Biden administration announced that the U.S. has signed the Global Memorandum of Understanding (Global MOU) on Zero-Emission Medium-and  Heavy-Duty Vehicles Thursday at the COP27 UN climate conference in Sharm el-Sheikh, Egypt. 

The memorandum sets a goal of ensuring 100 percent of new bus and truck sales are electric by 2040 and 30 percent by 2030.

“We have to work together across oceans and borders to meet our clean energy goals,” U.S. Secretary of Energy Jennifer M. Granholm said in a statement reported by clean transportation nonprofit CALSTART. “This global partnership will leverage the billions of dollars in clean transportation investments provided by President Biden’s agenda to drive technological innovation, lower vehicle costs, and reduce transportation emissions.”

CALSTART — through its Drive to Zero campaign — worked with the Netherlands to launch the Global MOU at last year’s COP26 in Glasgow, Scotland, according to the Drive to Zero website. […]