« News
Today I Learned – January 2025
Insights from the NACFE Team
NACFE does most of its work in the field at industry events and learns a lot each month. Here are some things we learned over the past month.
Fleet Owner’s latest Trucking By The Numbers cited this statistic from ATRI: 52% of truckload drivers ran out of available HOS on-duty time at customers’ facilities because of detention.
— Rick Mihelic, Director of Emerging Technologies
At the start of 2024, the average on-highway diesel price was about $3.88 per gallon, and by mid-December, it had dropped to around $3.46 per gallon. Increased refinery capacity, stable crude oil prices, and higher oil supply contributed to the downward trend. In 2025, projections indicate that diesel prices will continue to decline modestly.
— Dean Bushey, Director of Programs
Global battery-pack prices have dropped 92% since 2010, and in 2024 the average price of a lithium-ion battery pack fell 20% to $115 per kilowatt-hour, representing the biggest drop since 2017. By comparison, in 2010 the average price was $1436 per kilowatt-hour.
— Ken North, Emerging Technologies Consultant
Tesla has completed its Semi factory’s skeleton, making its goal of large-scale production more achievable.
— Ari Kahn, Manager, Carbon Free Transportation, RMI
A study by ICCT shows that battery manufacturing capacity will exceed demand by a large factor. Availability of material is also adequate, however, there is not as much margin, and there is a need for policy to help clarify regulation so that mines can be built in advance.
— Jeff Seger, Clean Energy Consultant
If you’d like to get these insights sent to your inbox, click here to receive NACFE’s monthly newsletter.
