According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, discussion continues about how internal combustion engines will meet future emissions standards for the latter part of this decade, even as legislation accelerates the push to electrification. The report noted that this includes President Joe Biden administration’s hope of enabling electric vehicle adoption through expansion of charging infrastructure.
The NA On-Highway Engine OUTLOOK published by ACT Research and Rhein Associates highlights power-source activity for commercial vehicle GVWs 5-8, including five-year forecasts of engines volumes and product trends. The Engine Outlook ties to the detailed NA CV vehicle forecasts published monthly by ACT in the NA Commercial Vehicle OUTLOOK. This report benefits businesses and manufacturers in the commercial vehicle engine production supply chain, and any company following the investment value of engine OEMs and their suppliers.
Kenny Vieth, President and Senior Analyst at ACT Research, noted, “Last-mile delivery fleets with a vested interest in either being ‘green’ and/or reducing total cost of ownership will install private charging infrastructure.”
He added, “Unlike distribution-related fleets, irregular-route long-haul operators do not have the luxury of returning home every night to recharge, so these fleets will not benefit to the same degree as shorter length-of-haul fleets.”
Andrew Wrobel, Senior Powertrain Analyst at Rhein Associates, commented, “While there is increasing interest in electric vehicles, the transition to new vehicles and fuels/powertrains requires long-term planning on the part of prospective owners, and infrastructure development requires significant investment and time to implement.”
He added, “There will be new suppliers and vendors, new operational practices, and re-oriented business plans to consider, as well.”
When asked about natural gas vehicles Wrobel commented, “Demand for natural gas-powered trucks has shown modest growth, with further slow growth anticipated.”
Rhein Associates is a leader in North American commercial vehicle and off-highway powertrain forecasting.