MacKay & Company releases first ever Technology Monitor Report

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Updated Feb 22, 2024

MacKay & Company announced Monday it has completed its first ever Technology Monitor Report. According to the company, the report is a benchmark and profiles where commercial medium- and heavy-duty fleets are in their investigation and consideration of alternative powered vehicles.  

Based on surveys completed with over 630 fleets that buy, own and maintain on-highway Class 6-8 trucks and school buses, MacKay & Company says the report covers several issues related to this subject, but the main focus of the study is measuring what actions or activities these companies have taken on the path to purchase alternative powered vehicles.

“We have been profiling and forecasting the aftermarket for parts, tire and lubricants for these vehicles for over 40 years and in recent years our customers have been asking to see the impact of alternative power on the aftermarket,” says John Blodgett, vice president of MacKay & Company.

“From our perspective, there is clearly a difference in government agencies stated goals for zero emissions vehicles, vehicle manufacturers’ goals for retail sales of these vehicles and what fleets are telling us about their current use and forecasted use of alternative power. This report specifically benchmarks what fleets are and are not doing as it relates to their path to purchase alternative vehicles.”

MacKay & Company states the table below outlines fleets’ current mix of power in their fleet and where they forecast alternative power to be in the future.

MacKay & Company's chart internal combustion vs. alternative power generation adoptionMacKay & Company

The use and forecast for alternative powered vehicles have increased since 2019, states Blodgett, but the pace of growth and forecasted growth at this point is just not near where the company believes it needs to be to meet stated goals. That is why MacKay & Company felt the need to dig deeper into fleets’ current usage and measure specific actions and activities they have or have not taken on the path to purchase alternative powered vehicles.

For more information about the report, please go to the MacKay & Company website

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