FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News

Print

ACT: Class 8 Natural Gas Truck Retail Sales Up 9% YTD through November

January 29, 2018, 07:05 AM
Filed Under: Trucking

After a flat quarter in Q3, U.S. and Canadian Natural Gas Class 8 truck retail sales rose 9% year-to-date through November.

“Despite the uncertainty spurred by the current climate of changing environmental winds and low oil prices, the reading indicates continued interest in natural gas as a transportation fuel in the U.S. Class 8 market,” said Ken Vieth, Senior Partner and General Manager at ACT Research. He continued, “Based on news released in the popular press, natural gas vehicle purchases continued to be dominated by refuse fleets through year-to-date November, as well as transit and school bus operators.”

On the other side of the alternative fuel fence, electric vehicle technology continues to make strides as it further penetrates the various commercial vehicle classifications, with Class 8 on the docket. Vieth continued, “All viable commercial vehicle power alternatives must now be considered to accurately measure potential cost savings for fleets and overall emissions, as we look to the future.”

In mid-August, ACT Research announced a new alternative fuels calculator, now giving users the opportunity to compare cost per mile for diesel, electric, hydrogen fuel cell, gasoline, propane, and natural gas powered vehicles.







Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.