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Navigant Research

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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Report: 14% of Medium, Heavy Duty Vehicles Sold in 2035 Will Run on Alternative Fuels

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.