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Geopolitical crises and high inflation prompted most central banks to raise interest rates in 2022, derailing the post-pandemic recovery. Energy costs increased manifold, impacting demand- and supply-side participants equally. Oil prices reached record highs as countries cut dependency on Russian imports, with the price of Brent crude oil reaching ...

11 Jan 2021  |  North America  |  Market Research

Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market

Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks

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The medium-duty and heavy-duty truck and bus markets in the US are expected to show strong recovery following the major dip in 2020 due to the dire impacts of the COVID-19 crisis on production and sales. However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets. The electric bus segment shows a slight d...

The growing impetus on greenhouse gas (GHG) emission regulations, drop in battery prices, and purchase subsidies on electric vehicles (EVs) are certain to accelerate the growth of electric buses across the globe. Rapid technology developments with respect to battery chemistry, powertrain architecture, and motors are propelling the market, which wil...

The overall commercial vehicle volume in LATAM, including 6 countries Brazil, Mexico, Argentina, Chile, Colombia, and Peru, is expected to reach 50,540 units by 2030, growing at a CAGR of 7.7% between 2021 and 2030. Fleet renewal and electromobility laws will drive growth in the coming decade. There has been a revival in passenger transportation...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Commercial Vehicles Market Outlook, FY2020

The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown

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The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...

Electrification in Commercial Vehicles (CV) will increase globally with the framing of strict emission regulations. The need for the charging infrastructure is growing with the electric CV sales, and the market for charging equipment manufacturers is expected to open up with huge opportunities. This study provides an overview of the key technology ...