Annual Hybrid and Electric Truck Sales to Reach 105,000 by 2020

| April 15, 2014

Hybrid truckAccording to a recent report, worldwide sales of hybrid and electric trucks for the commercial market will reach nearly 105,000 by 2020.

“The fleet market tends to be quite conservative, as fleet managers thoroughly examine new technologies prior to adoption,” says Lisa Jerram, senior research analyst with Navigant Research, the company which issue the report.

“The key to market sustainability,” continued Jerram, “will be to focus only on those applications that provide the greatest payback or other ancillary benefits, and to ensure that the technology is sufficiently reliable for the fleet market.”

Hybrid electric ucks are being developed largely for medium-duty trucks for applications that involve a lot of stop-and-go driving and significant annual mileage, while plug-in hybrid electric vehicles are most suitable for trucks that follow relatively short daily routes, where there is a benefit to having the vehicle battery provide power onsite to avoid engine idling.

Battery electric vehicles are being developed mainly for medium-duty trucks, as the batteries are not well suited for very large truck applications.

The report, “Hybrid and Electric Trucks”, analyzes the global market for hybrid electric vehicle, plug-in hybrid electric vehicle, and battery electric vehicle trucks.

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Category: General Update, Green, Management, Vehicles

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