THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
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Navigant Research

The overall medium- and heavy-duty truck market is projected to continue its reliance on conventional diesel powertrain for the next decade, but hybrid and electric powertrains populations will increase, with volumes expected to grow from about 125,500 to 1.66 million from 2017 to 2027.

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Global NGV Sales to Grow to 3.9 Million by 2025

Growth in adoption of natural gas vehicles has been slower than previously anticipated, mostly due to drops in oil prices, as well as lower costs and increased capacity of batteries for electrified vehicles.

Navigant: 12M EVs on Global Roads in 2023

The number of plug-in electric vehicles in use is projected to reach 12 million globally by 2023, while worldwide revenue from charging services is expected to increase to $2.9 billion from $152.6 million projected for this year, according to Navigant Research.