Day two of ACT Research’s semi-annual Outlook Seminar began with a concentration of industry speakers talking about emerging technology, particularly electric powertrains and the use of hydrogen fuel. John Bennett, Meritor’s Vice President and Chief Technology Officer discussed electric powertrain options for heavy-duty commercial vehicles, while Dominik Beckman, Director of Marketing & Dealer Operations from Hino Motors, gave an OEM’s perspective on emerging technology, and Jeff Seger, Cummins’ Executive Director, Fuel Cell & Battery Powertrain Integration, provided the audience with that organization’s perspective on hydrogen technology.
Topics: freight rate, logistics, Press Releases, EV, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck, commercial vehicle electrification, class8, commercial electric vehicle
According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L are projected to account for more than 85% of the Class 8 production between 2020 and 2024, and the trend to smaller displacement engines is expected to continue.Tom Rhein, President of Rhein Associates commented, “Although the over 14L engine category will remain the largest segment in 2019, there is a trend to smaller displacement engines in the over 10L market segment for Class 8 trucks and tractors, with an acceleration prompted by new emission regulations expected in 2024.” Regarding Classes 5-7, Rhein said, “In this market, the current metric of interest is gasoline penetration, which continues to see share gains.”
US and Canadian Class 8 Natural Gas truck retail sales for the first five months of 2019 gained 43% year-to-date, according to a recent quarterly report (AFQ: Alternative Fuels Quarterly) released by ACT Research. Year-to-date sales at this point in 2018 were down 18%, following a 13% full-year increase in 2017.