The LMFP aims to:
- Achieve immediate greenhouse gas emission and criteria air pollutant (for NOx and PM2.5) reductions from commercially deployed vehicles/equipment and facilitate supporting infrastructure;
- Inform both industry and the public regarding ZE/NZE vehicle/equipment and supporting infrastructure performance, and how this information can be used to scale emission reductions to contribute to regional air quality goals;
- Provide private operators and the public with information on return on investment (ROI) and cost-effectiveness insights into ZE/NZE vehicle/equipment and infrastructure operations, maintenance, and reliability;
- Create greater transparency regarding the need for public versus private ZE/NZE supporting infrastructure;
- Inform the needs and/or help address the challenges to significantly scale ZE/NZE vehicles/ equipment and infrastructure in the region; and
- Achieve geographic funding diversity and ensure that the LFMP provides economic and environmental benefits across the entire region.
Additionally, the LMFP is guided by a set of core principles as follows:
- Creating transparency as to critical barriers impeding the transformation of the last mile freight market;
- Measuring success for both public and private entities;
- Optimizing where investments can generate the strongest benefits for further growth; and
- Achieving air quality reduction targets.