Partnership with MLab and Mosolf is set to revolutionize emissions monitoring for a potential 6.5 million commercial trucks in the EU
Watertown, Massachusetts., January 11, 2024 /PRNewswire/ — Spectaire Holdings Inc. announced… (NASDAQ: SPEC), an innovator in air quality monitoring and emissions reduction technology, today announced a strategic distribution agreement with MLab, along with service and distribution partner Mosolf, to bring cutting-edge AireCore. Emission measurement system for the European trucking market.
This partnership represents an important step in Spectaire’s expansion, leveraging the MLabs network and Mosolf’s expertise in trucking, sales, service and distribution to deliver AireCore systems across Europe. This collaboration is set to revolutionize emissions control in a market where trucks carry approximately 80% of the EU’s road freight transport.
Spectaire has the unique ability to meet the needs of RDE (Real Engine Emissions) which is an important component of Euro 7.
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The European commercial trucking market represents a significant opportunity for Spectaire technology. Key statistics highlight the size and potential of the market (Source: https://www.acea.auto/fact/fact-sheet-trucks/):
Trucks are responsible for approximately 80% of road freight transport in the European Union. The European Union has a fleet of about 6.5 million trucks. In 2022, more than half a million trucks were manufactured within the European Union. 50% of heavy trucks manufactured in the United States come from European factories. Average age of trucks in Europe It is 14.2 years old, which suggests there is a large market for upgrades and new technologies.
“Staff at MLab and Mosolf take on leadership roles in various European trucking associations that help trucking companies prepare for the enhanced emissions regulations proposed in Euro 7,” He said Brian Simkew, CEO of Spectaire. He added: “With this partnership, we anticipate rapid adoption of AireCore in the European trucking market because we believe Spectaire is uniquely capable of meeting the RDE (Real Engine Emissions) needs that are a critical component of Euro 7. Today we can provide insight into fleets’ real driving emissions years ahead Euro 7 requirements.”
Gregory Hankey“Spectaire is an important partner for MLab and Mosolf to achieve their environmental sustainability goals,” commented Mosolf COO. “We look forward to distributing AireCore to like-minded trucking companies in Europeand enhancing environmental sustainability and operational efficiency.”
Additional Information: For more details about the Spectaire and MLab partnership and AireCore emission measurement technology, please visit www.spectaire.com.
About Specter
Spectaire (Nasdaq: SPEC) is at the forefront of air quality monitoring and emissions reduction technology. Spectaire provides innovative solutions that promote environmental sustainability and corporate responsibility.
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Website: Spectaire.com
Source: Specter