ACT: Class 8 Natural Gas Truck Retail Sales Flat Through August YTD
OCT 26, 2017 - 5:56 am
According to ACT Research, U.S. and Canadian natural gas Class 8 truck retail sales were flat through August year-to-date.
“Despite the uncertainty of environmental change on the horizon, and continuing low oil prices, the future of alternative fuels led by NG/RNG is positive. The challenges of alternative fuel availability and distribution will be overcome; time is the biggest unknown,” said Ken Vieth, senior partner/GM at ACT Research. “Based on industry news releases, natural gas vehicle purchases were dominated by refuse fleets through August year to date, followed by transit and school bus operators and then over-the-road applications.”
In mid-August, ACT Research announced an enhanced alternative fuels calculator that now gives users the opportunity to compare operating and payback costs per mile for diesel, electric, fuel cell, gasoline, propane and natural gas powered vehicles.
The enhanced calculator was designed for fleet managers to easily compare any of the above fuels, using parameters specific to their particular situation/applications, geography, contracted fuel rates, financing and maintenance costs. ACT is a neutral participant in the CV industry, as is the truck fuel calculator.
“Electric vehicle technology continues to make strides as it slowly penetrates various medium duty vehicle classifications with Class 8 on the docket,” Vieth said. “All viable commercial vehicle power alternatives must now be considered to accurately measure potential cost savings for fleets, government applications and others, while meeting overall current and future emissions targets. Going green is a real market variable, while diesel is the king today.”
ACT will be offering a free fuels perspective webinar on October 31, 2017 at 2 p.m. EDT. Presenters from Diesel Technology Forum, Clean Energy and Motiv Power Systems will offer their expertise and insider’s perspective on key focal points applicable to their respective fuels.
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