The Recent Ban on Sales of New Diesel Trucks in California Supports the Need for Glīd Technology

The recent rule to ban the sale of new diesel big rigs in California by 2036 and require all trucks to be zero-emissions by 2042 provides large opportunities for GEGI’s Glīd technology

Salt Lake City, UT, June 15, 2023 (GLOBE NEWSWIRE) — Salt Lake City, UT – June 15, 2023 – Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology, Glīd, commented today that the recent ban that California regulators made on April 28, 2023 on sales of new diesel big rigs by 2036, and the requirement that all trucks be zero-emissions by 2042 will put great pressure on the market to find solutions that don’t compromise the amount of weight that can be carried and revenue that can be generated.

Currently, manufacturers have not identified a commercially viable way to provide sufficient battery range that trucks require on a daily basis without compromising the amount of cargo that can be hauled based on state, municipal, county, and federal regulations regarding their Gross Vehicle Weight Rating (GVWR). Glīd autonomous vehicles are perfectly situated to solve these problems.

Glīd’s focus is to enable the transportation of freight from road to rail autonomously and as simply as possible. The Company’s patent-pending technology will pick up a fully-loaded semi-trailer from a private property, access the rails and travel to the desired destination, where it will then egress from the rail onto another private property. Once on the property, trucks will pick up the trailers and carry the cargo the final mile.

The goal is to remove as much freight as possible from roads and highways, thus reducing carbon emissions, enabling for a more cost, process, and energy efficient transport, while making roads safer.

Glīd vehicles, when fully loaded with a semi-trailer, will be able to carry 3-4 times the amount of weight as an average semi-trailer. What this means is that Glīd vehicles can add more weight past the 80,000 lb gross weight limit for tractor-trailers because these vehicles will only go from private property to rail to private property. This additional weight can come in the form of additionally electrified capacity, which will increase the range these vehicles can travel.

This can provide significant opportunities for Glīd to capture revenue shipping freight that other electric vehicles may not be able to ship due to range issues.

Kevin Damoa, CEO of Genesis Electronics Group and Glīd commented “I applaud California for being one of the nation’s leaders in their efforts to decarbonize commercial transportation. These regulations however will put a huge amount of strain on manufacturers (to rapidly innovate), national grid infrastructures, and the global battery markets to identify ways to increase range without reducing the amount of cargo that can be carried. We are building Glīd exactly for this purpose, by reducing the amount of trucks on the roads and moving commodities to the rail, it frees up our roads, streets, and highways, which allows them to be cleaner and safer for personal vehicles (to include bicyclists), final mile delivery vehicles, and pedestrians.” Mr. Damoa continued, “The amount of support we are getting from people all over the country is staggering. I am receiving communications weekly where people are asking us to save their local rail industries with our technology. We see short line rail operators across the country as huge allies in helping us push this technology and move more freight via the rails.”

News about California’s recent regulations can be found here.

About Genesis Electronics Group, Inc.

Genesis Electronics Group, through Its wholly-owned subsidiary Glīd, is building first of Its kind autonomous road-to-rail shipping vehicles called Glīders. Glīders will enable fully-loaded semi-trailers access to rails where traditionally it didn’t make sense. Genesis Electronics Group plans on owning and operating each Glīder in its fleet, and providing a “Glider-as-a-Service” business model.

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