The Policy and Economics of Mass Transit
10:00 - 10:45 AM
Electric mass transit had long been considered a risk for transit operators, with dropping battery cost and range anxiety eliminated, many are realizing that EV is the future. Policy, in particular, has been helpful to mitigate some of the lingering concerns around the cost of EVs, despite a total cost of ownership that is much lower than diesel. Federal initiatives such as the FAST Act, the LowNo program and state-level policies like California's HVIP incentives have helped transit agencies realize-and commit to-a zero-emission future. For Proterra, education of the benefits of EV mass transit and policies that support it have been key to moving the needle for most transit agencies. Proterra has worked with its customers to tap into state and federal incentive programs and address how the economics of EV transit is driving the industry forward.
Matt brings a broad range of experience to his role as Senior Vice President of Sales and Marketing. Prior to joining Proterra, Horton served as CEO of Propel Fuels, Inc., a leading clean transportation company. Matt led Propel through a period of high growth, earning Propel a spot on the Inc. 500 as one of America's fastest growing companies. Matt has been an operating executive, venture capitalist and investment banker, working with dozens of startup and emerging-growth companies in Silicon Valley since the late 1990s. He is a regular speaker at clean energy industry conferences and was awarded the prestigious Industry Leadership Award at the World Biofuels Forum in Rotterdam for his work in advancing the biofuels industry.