A number of electric off-highway trucks were launched in 2018. While lithium is important to battery technology production, chemistry and vehicle architecture are also critical. More than 100 confirmed electric and hybrid bus and truck projects involving thousands of vehicles are slated to begin by 2020.
In 2017, Americans consumed only 0.006% less gasoline than they did in 2016, averaging about 9.2 million barrels a day. According to the U.S. Energy Information Administration, this will increase minimally to 9.33 million barrels a day this year and 9.4 million in 2019.
The U.S. leads the world in electric and hybrid truck orders with more than 50% of all purchases.
As of Dec. 1, 2020, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks saw a decrease in wholesale prices month-over-month.
The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.
As of Nov. 1, 2020, all truck classes declined in overall wholesale values.
How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?
As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.
As of July 1, 2020, average wholesale values for all model-year 2015-2017 truck classes experienced some form of increase in value, except Class 7 medium-duty.
As of June 1, 2020, all truck classes continued to experience a drop in resale values for 2015-2017 model-year units. This is the second month of decreases following the rise in all values in April 2020.
As of May 1, 2020, all truck classes experienced a dropin resale values for 2015-2017 model-year units compared with the rise each class saw last month.
Likely one of the most important tasks a fleet manager must handle is vehicle maintenance. A truck that isn’t working can’t accomplish its job; it’s a simple fact.
As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.