Subscribe to our print magazine.
According to the recently released North American Commercial Vehicle On-Highway Engine Outlook, published by ACT Research and Rhein Associates, the commercial vehicle industry continues to invest in initiatives toward new powertrains and lower carbon emissions from CV fleets. Industry trends maintain minor movement, both up and down, but no skyrockets or plummets.
“Vocational equipment continues to lose share in the Class 8 market, if more incrementally in 2022, owing both to extremely high demand for tractors as well as supply chain fallout impacting body-builders’ ability to ramp their capacity.” Kenny Vieth, president and senior analyst at ACT Research, said. “Despite strong demand for MD Classes 5-7 vehicles, production has fallen slightly in 2022 as the MD-HD OEMs push scarce parts into more profitable HD products. Notably, Class 5 volumes rose to a new record level in 2021, but production constraints continue to limit volume in 2022 and into 2023.”
“Additional technologies will be required to meet 2027 and beyond emission regulations,” Andrew Wrobel, senior powertrain analyst at Rhein Associates, said. “Over the past 17 years, most engines have added or required most of the following: electronic controls, diesel particulate filter, NOx catalyst, cooled exhaust gas recirculation, selective catalytic reduction or urea dosing, additional powertrain cooling, and on-board diagnostics. Additional technologies will be required to meet 2027 and beyond emission regulations, including cylinder deactivation, variable valve timing, waste heat recovering and low temperature EGR.
“Production of natural-gas powered trucks is currently around 5,000 units. Well-to-wheel emissions strategies using RNG could increase natural gas adoption.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!
Terry Mulreany Subscriptions: 800 708 9373 x130 terry.mulreany@monitordaily.com Susie Angelucci Advertising: 484.459.3016 susie.angelucci@monitordaily.com
Visit our sister website for news, information, exclusive articles, deal tables and more on the asset-based lending, factoring, and restructuring industries. www.abfjournal.com
This content is part of Monitor Suite. Subscribe now to gain access to everything Monitor Suite has to offer. If you’re already a member, sign in to your account to view this content. read more
It is fairly common in the equipment leasing and finance industry for financing statements to describe the equipment, inventory or other goods being leased or financed by referring to an unattached master lease, lease schedule or other document. Some of... read more
Monitor continues to provide readers, online visitors, on-the-go executives and advertisers with multimedia platform options.