Class 8 natural gas truck retail sales gained 19% YTD through May

Class 8 natural gas truck retail sales gained 19% YTD through May

For the first five months of 2021, U.S. and Canadian Class 8 natural gas truck retail sales rose 19% year-to-date against a “somewhat unfair comparison of the same time period in 2020,” as published in the quarterly report (AFQ: Alternative Fuels Quarterly) recently released by ACT Research. For context, total U.S. Class 8 sales were up 32% for the same period.

“Sales of natural gas-powered vehicles as reported by the six major truck OEMs, who account for approximately 60% of the heavy-duty natural gas market, were mixed in the March to May 2021 time period, with March experiencing a sizeable sequential gain and even more impressive year-over-year growth,” said Steve Tam, vice president at ACT Research. “Counter to COVID-influenced expectations, April natural gas vehicle sales volumes dropped month over month and year over year, also reducing the year-to-date increase. Activity in May appears to have shrugged off whatever afflicted April, returning to solid, across-the-board improvement, with sales jumping 23% sequentially and 206% higher than the year-ago level.

“Besides sales, the Alternative Fuels Quarterly analyzes the change in existing and planned alternative fuel/power infrastructure and equipment developments,” Tam added. “We’re seeing an overall increase in electric charging stations, but a continuing decline of total natural gas stations. That said, we continue to see articles about natural gas use in transportation, as well as discussions about hydrogen fuel cells and investments in electric commercial vehicle development, making trade-industry headlines.”

You May Also Like

Orders open for new Volvo VNL

Production will start later this summer, and Volvo expects customer deliveries to begin later this year.

Volvo-VA-facility-VNL-order-books-open

North American sales are now open for the new Volvo VNL, Volvo Trucks North America announced. Since the announcement of the truck in January, Volvo says dealerships have participated in extensive competency development, with e-learning and in-person instructor-led courses from Volvo Trucks Academy, to be fully trained to support customers before VNLs arrived at dealerships. Production will start later this summer, around the same time demo trucks will arrive at dealerships. Volvo expects customer deliveries to begin later this year.

Trade Show Talk: Trends kicking off 2024

Alternative fuels, connectivity, efficiency—there’s been plenty to report on from trucking trade shows, but which topics stuck out most?

trade-show-Talk-work-truck-week-tmc-geotab-connect-hdaw
Kenworth names 2024 Dealer, Parts Council members

Kenworth selected executives representing 480 dealerships for its Dealer Council, and named eight members for its Parts Council.

Kenworth-Names-2024-Dealer-Council-Supports-Worlds-Best-Customer-Experience
ACT Research data shows Class 8 order surge paused

At a seasonally adjusted 17,100 units, March marks the first month since May 2023 for seasonally adjusted activity below 20,000 units.

ACT-March-24-Class-8-order-surge-pauses
Volvo Group to build new heavy-duty truck manufacturing plant in Mexico

Volvo expects the plant to be operational in 2026.

Volvo-name-logo-north-american-heavy-duty-truck-production-mexico-mack-plant

Other Posts

J&R Schugel wraps Kenworth T680s to support driver causes

After a driver beat breast cancer, the company wrapped her truck in pink and white to support her goal of raising awareness.

JR-Schugel-breast-cancer-awareness-truck
FTR: Class 8 orders down more than 30% month-over-month

Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.

FTR-March-24-Preliminary-Class-8-Net-Orders
A ‘Toward Zero’ emissions Q&A with Volvo Trucks’s Roger Alm

Talking through the challenges, the technological advances, and the strategies for a sustainable future.

Volvo-Trucks-roger-alm-world-volvo-sustainability-1400
ACT Research trailer report finds carriers with ‘reduced willingness to invest in equipment’

ACT Research says limited capex and companies saving money to meet EPA regulations are currently weighing on trailer demand.

ACT-Feb-24-Trailer-Net-Orders-Cancellations