Loop Energy has been awarded a $7.5 million grant from Sustainable Development Technology Canada (SDTC) to accelerate deployment of the company’s new zero-emission powertrain for heavy-duty trucks.
“SDTC is a real leader in vetting and supporting green technologies that will solve climate change,” says Ben Nyland, president of Loop Energy. “This award reflects their conviction that Loop’s zero-emission powertrain is a commercially competitive solution for heavy-duty trucks, and that’s a huge validation for us.”
Loop’s zero-emission heavy-duty powertrains enable the annual reduction of 64 tons of carbon dioxide per truck – equal to removing 15 automobiles each year from our roads. The Loop powertrain is suited for urban freight applications, such as yard trucks, delivery trucks operating at commercial distribution centers, and drayage trucks operating at ports. The SDTC grant will accelerate the deployment of the Loop system in Class 8 trucks built by Peterbilt that will be put to work at a customer location.