UPS has announced it has reserved 125 Tesla Semis, the new electric Class 8 truck that was recently unveiled by Elon Musk.
PepsiCo is the latest large fleet to make a significant investment in the recently announced Tesla Semi electric heavy-duty truck, reportedly ordering 100 vehicles.
Preliminary net orders of 21,500 units, up 47% over August, bode well for 2018, the research firm says.
The commercial vehicle market in 2016 was a tug of war between gaining medium-duty and declining heavy-duty sales, according to IHS Markit. Next year, medium-duty sales may be high enough to offset those losses.
Sales of Ford’s medium-duty F-650 and F-750 trucks have increased 59% year-over-year through August, the best year-to-date sales through August since 1997, according to Ford.
New analysis from R.L. Polk says the commercial van segment in the U.S. is growing as it splits into two categories, full-size and compact, where once only the full-size category existed. The company said this is due to the arrival of a number of new models in the marketplace.
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