For the first two months of 2022, U.S. and Canadian Class 8 natural gas truck retail sales rose 21 percent year to date against comparisons of the same period in 2021, according to the recently released AFQ: Alternative Fuels Quarterly by ACT Research.
“Sales of NG-powered vehicles as reported by the six major truck OEMs, who account for approximately 60 percent of the heavy-duty natural gas market, were mixed in the December to February time period, with December and January experiencing strong year-over-year gains, but February lagging considerably,” says Steve Tam, ACT Research vice president.
“In the near term, December’s sales easily outshone January and February’s activity, which paled in comparison. Combined, sales in the three-month period extended and increased year-to-date gains meaningfully, a relatively new development.”
In addition to sales, the Alternative Fuels Quarterly analyzes the change in existing and planned alternative fuel/power infrastructure and equipment developments.
“We’re seeing an overall increase in electric charging stations, both existing and planned, but a continuing decline of total natural gas stations, particularly those planned for the future,” Tam says. “That said, we still see articles about natural gas use in transportation, as well as discussions about hydrogen fuel cells and investments. But the overwhelming amount of trade-industry headlines continues to focus on electric commercial vehicle development.”
The ACT Alternative Fuels Quarterly (AFQ) provides insight, analysis and trends about alternative fuel/power adoption for the U.S. heavy- and medium-duty commercial vehicle markets.
