Econogy is a cleantech startup that develops and supplies drive and steering systems for trailers. Econogy derives from the words ecology and economy, the two main drivers in today’s road freight industry. Both words are often seen as the two contradictions, but in fact derive from the same Greek root, eco, meaning house. Ecology means “study of the house” and economy means “management of the house”, suggesting the two are part of the same larger idea.

Road freight is responsible for 9% of the global CO2 emissions. To meet the target of the Paris Agreement, emissions need to decline almost 60% by 2050 despite an expected doubling of road freight volume. The European Green Deal set targets to reduce CO2 emissions of trucks by 15% in 2025 and 30% in 2030. In contrary ACEA expects only 4% of the total truck fleet to be electric by 2030, meaning the targets will not be achieved with electric trucks only!