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 |
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.