Delivering for the global economy
It may be the behemoth that carries the weight of the economy on its colossal shoulders, but historically the commercial auto sector has been more technology laggard than technology leader. Now, it’s at the beginning of a new era – that of electrification and autonomy. Shifts are happening fast, and they require a fundamental change of approach right across the ecosystem.
The long march towards electriﬁcation
Buses, coaches, trucks, agricultural vehicles, forklifts and construction vehicles – the commercial auto sector is as broad as it is long. But every part is operating against the same backdrop of low emission zones and government regulation. Net zero targets are upon us. There has to be an investment in electrification – and that has significant knock on effects on production techniques, technology requirements, and cost.
While electrification of passenger vehicles is accelerating, uptake in the commercial sector is slower and more complicated. There are issues with uniformity, and of standardization. Engineers have not coalesced around a standard powertrain. And while similar issues of battery weight and range anxiety appear across the commercial vehicle sector, different vehicles have different demands. Design innovation will be key.
For governments, electrification is a huge priority; electric vehicles will run the roads sooner than we think. Companies in this sector must be hyper aware of the market shifts around them, so they can navigate now, and pre-empt the future.
Commercial Vehicles Intelligence from Interact Analysis
At IA, we have more knowledge in this sector than anyone else. Our research combines feedback from the broadest range of stakeholders with sophisticated modelling techniques. No-one is better placed than us to give you not just the knowledge you need, but the insights and actions to create transformative results. To learn more, please contact us today.
Global Commercial Vehicle Sales to Grow 6% in 2018, Vocational Segment to Grow at 8%
China is 31% of global commercial vehicle market sales Vocational segment to exceed overall global growth with strong demand from construction, oil and agricultural applications Daimler...
New report shows 2018 to be a breakout year for hybrid and electric trucks, buses and off-highway vehicles
New research from Interact Analysis shows a ramp in hybrid and electric vehicle demand, product launches and strengthening macro factors that are aligning to...
Cities and internet reshaping the global truck market
With the recent ruling from German legislators that Stuttgart and Dusseldorf could ban older, diesel vehicles and the news that Rome plans to...
Americas Commercial Vehicle Sales To Grow 10% in 2018
New research from Interact Analysis reveals increasing competitive threats and faster pace of change in the future Key Points 10% growth forecast in 2018 for the...
Cummins’ strong march on commercial vehicle electrification
Cummins (NYSE: CMI), a leading provider of engines and generator sets, is making a strong and sustained push into electrification for the commercial vehicles. A...
Commercial Van and Truck Electrification: market snapshot
Whilst passenger cars steal most of the limelight, electrification of commercial vehicles is equally, if not more interesting right now. You might be forgiven...
Insights! Right in your inbox.
Get free up-to-date news and insights, written for forward-thinking businesses just like you.