Figure A

Retreating from strong industrial policy will ravage U.S. truck and bus manufacturing industries: Change in U.S. medium- and heavy-duty truck and bus production from baseline scenario, units, 2024–2032

Total trucks and buses
50% clean energy vehicles + 10% market share 111,953
Policy retreat -476,575
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Economic Policy Institute

Source: EPI analysis of S&P Global (2024), IMPLAN (2024), and FRED Motor Vehicle Assemblies: Heavy and Medium Truck Assemblies series and FRED Manufacturers’ Value of Shipments: Heavy Duty Truck Manufacturing series data.

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