Though sales dipped from 168,000 in 2019 to around 156,000 in 2020, the projected global sales figure for 2021 stands at nearly 231,000 units - a 47% growth for the sector.
This year's slowdown in truck sales, the rapid pace of technological change, and Kenworth's fuel-cell electric truck project were the highlights of Kenworth's remarks to reporters at the North American Commercial Vehicle Show.
The battery-electric version of Volvo Trucks North America’s VNR Class 8 regional hauler— dubbed the EVNR-- is now slated “to go on sale at the end of 2020,” according to VTNA President Peter Voorhoeve.
At the Technology Summit at the Volvo Customer Center in Dublin, Virginia, Volvo Trucks not only highlighted its latest technology; it also gave reporters a report on the state of the North American truck-building industry and the company's position within it.
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.
A new report by ACT Research finds that natural gas-powered Class 8 truck sales have fallen off by almost 30% compared to last year's numbers.
The overall medium- and heavy-duty truck market is projected to continue its reliance on conventional diesel powertrain for the next decade, but hybrid and electric powertrains populations will increase, with volumes expected to grow from about 125,500 to 1.66 million from 2017 to 2027.
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.
The natural gas truck market had a strong start to 2017 but it faces increased competition from traditional fuels, electric, and hybrid-electric options.
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.
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