California's bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the 'green' revolution.
"A marriage between real estate and energy infrastructure" will be needed to accelerate the transition to electric-powered trucking, Prologis Mobility's Holland said.
Multiple industry officials said permitting and approvals on the electrification side are a limiting factor. Nevertheless, they believe there will be enough chargers for port trucking by 2035 because the projects are less complex. Getting in front of demand is difficult since energy regulators require power companies to build to need rather than to forecasts, utility executives said.
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