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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.
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Global annual electrified powertrain medium- and heavy-duty truck sales are expected to grow from about 31,000 vehicles in 2016 to nearly 332,000 by 2026.
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Global sales of medium and heavy duty vehicles should reach 7.1 million by 2035 from the 4.3 million that should be sold in 2014, according to a new report from Navigant Research.
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Medium and heavy duty vehicles represent less than 5% of the total vehicle market today, and the vast majority of these use conventional internal combustion engines powered by either gasoline or diesel. That is changing as less expensive alternatives to petroleum-based fuels, such as natural gas, liquefied petroleum gas and electricity make inroads in the market.
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New developments, technologies, and trends in hybrid-electric, medium-duty trucks could give fleet managers the incentive they need to take a closer look at how hybrid options could help reduce overall costs.
Read More →According to a new report from Navigant Research, nearly 350,000 light, medium-, and heavy-duty hybrid and electric trucks will be sold in the global commercial fleet market from 2013 through 2020.
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