U.S. and Canadian natural gas Class 8 truck retail sales were down 23% year-to-date through November 2018, according to a quarterly report from ACT Research.
As battery technology improves and other advantages become more apparent, Class 4-7 commercial electric vehicle sales could top 100,000 units by 2035.
ACT Research has announced that it is developing a multi-client study, examining the market potential in the U.S. and Canada for electric medium- and heavy-duty commercial vehicles through 2035.
The sales of Class 8, natural gas-powered trucks were flat through August year-to-date in the U.S. and Canada, according to ACT Research.
Several high-profile electric vehicle concepts have been introduced the third quarter of 2017, indicating increasing interest from the trucking industry, according to a report from ACT Research.
ACT Research’s Truck Fuel Calculator now covers operating cost comparisons between diesel, natural gas, hydrogen fuel cell and electric drive train options to help fleets compare and determine the best fit for the application.
The natural gas truck market had a strong start to 2017 but it faces increased competition from traditional fuels, electric, and hybrid-electric options.
While U.S. Department of Energy grants are still funding electric vehicle and alternative fuel technologies, it is uncertain how the Trump administration could affect this funding in the future.
Based on recent analysis, ACT Research believes that the natural gas and alternative fuel industries in the U.S. are “alive and kicking,” and suggests that fleets should consider which solution best fits their needs.
U.S. and Canadian natural gas Class 8 truck sales declined over a three-month period from June to August, according to the latest quarterly report from ACT Research.