To date, 38% of the Fortune Global 500 have pledged to slash their emissions. For many of these companies, there is no way to meet these commitments without cutting supply chain emissions from semi-trucks.

That’s why many of the world’s largest fleets have signed up to use our technology. We’re working with iconic multibillion-dollar brands, top trucking companies, and some of the most recognizable Fortune 100 companies in the world.

Even if they were available today, electric semi-trucks can haul far less payload. Batteries are not nearly as energy dense as diesel, which means electric semi-trucks can move thousands of pounds less goods because they’re hauling so many heavy batteries. They can only travel short distances, and they take hours to charge on a grid that’s still 63% fossil fuels in the US.

Hydrogen semi-trucks, on the other hand, require heavy reinforcement equipment to safely carry highly-flammable hydrogen, dramatically reducing payload capacity. 99% of the world’s hydrogen is still produced using fossil fuels, while green hydrogen currently costs at least 3x more and hasn’t been produced outside pilot plants.

Both solutions would require specialized charging stations or refueling stations for semi-trucks, not to mention replacing every semi-truck on the road. This transition will take decades, especially in the developing world.

Our device is a fundamentally cheaper, safer option, and it’s ready to go now. It will enable some of the largest companies in the world to slash emissions today without waiting to clean up the grid, build new charging stations, or replace every truck in their fleet. Best of all, it will pay for itself in just a couple years.

Paired with biofuels, our device makes a semi-truck carbon negative. That means the more we drive these trucks around, the more CO2 we take out of the air.

Here’s why: plants suck CO2 out of the air as they grow, and usually, they decompose and release that captured CO2 back into the air. Instead, if we burn those plants as biofuel inside a truck, capture that CO2 from the truck’s tailpipe with our device, and put that CO2 underground, we’ve created a pathway directly from the air into permanent sequestration.

This approach to removing CO2 from the atmosphere is an order of magnitude cheaper than other approaches to direct air capture, and it harnesses existing vehicles and biofuels — no big new direct air capture plants or bioenergy-fueled power plants required.

Mobile carbon capture is different from two other types of carbon capture: direct air capture and point-source carbon capture for big facilities. Direct air capture pulls CO2 directly from the atmosphere. But because the atmosphere is only 0.04% CO2, this approach is costly and energy-intensive. We’re capturing from vehicle exhaust, which is roughly 13% CO2, or 100x more concentrated. That’s why our approach is orders of magnitude cheaper and easier.

On the other hand, retrofitting facilities like power plants with carbon capture technology requires tens of millions of dollars upfront, years of construction, and extensive tailoring to a specific plant. Our device requires very little capital upfront, and it works with any truck, so it’s completely modular. Construction is notoriously slow and expensive, whereas manufacturing allows us to iterate quickly, improving our efficiency and bringing our technology down the cost curve, all while rapidly churning out new units at scale.

We’re partnering with companies that can turn CO2 back into diesel. As these technologies become commercially available, fleets will be able to offload their captured CO2 at truck stops and distribution centers, turn the CO2 back into diesel, and refuel using that clean diesel.

Not only is this a circular solution, it’s also another way of electrifying semi-trucks. 

Here’s why: when we burn diesel, capture CO2 from the exhaust, turn that CO2 into diesel, and burn it again, that whole system is powered only by the renewable energy that we used to transform CO2 back into diesel. In other words, the only energy input required to run the truck is the renewable energy that we’re using at the truck stop or distribution center. We’re essentially using the diesel as a highly-efficient battery, storing that renewable energy onboard the truck.

This means that with CO2-to-fuels technology, we can electrify existing trucks without building any new charging stations, overhauling the grid, or reducing payload capacity and range — we simply need to retrofit trucks with our technology and convert the captured CO2 back into diesel.