Growth in Natural Gas Use in Trucking Disappoints

According to a recent report, in 2014 natural gas powered trucks continue to grow in unit sales and production, though at a rate proportional to the outsized growth of the overall heavy truck market.

The reporter’s authors, ACT Research, noted that “this inline growth falls below earlier expectations of a more rapid adoption.:

Nevertheless, sales for 2014 are now expected to total 11,000 units, up 27% from 2013.

According to Ken Vieth at ACT, “Expectations have fallen from our initial analysis… The stubbornly high price gap between natural gas and diesel powered vehicles and the still early stage infrastructure build out remain impediments.”

Category: Fuel & Oil, General Update, Green