Impact of Euro VII on European Heavy-Duty Truck Market
Impact of Euro VII on European Heavy-Duty Truck Market
Use of Improved Technologies, Better Vehicle Design to Push Up Truck Prices by 5–10% between 2019 and 2022
07-Jan-2016
Europe
Description
Increased environmental awareness has forced the European Union commission to focus on bettering air quality and the trucking industry to improve conformity to regulations. Euro VII regulations, similar to the proposed North American greenhouse gas (GHG) regulations, are expected to be focussed on the improvement of overall freight efficiency. The improvement of technologies is expected to increase the price of trucks which will also have higher maintenance and servicing costs. Truck makers in Europe are expected to look at holistic product improvement in trucks spanning powertrain, chassis, aerodynamics, and other aspects of vehicle design, which this article focusses on, in anticipation of the regulations.
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No Index | No |
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Podcast | No |
Author | Lakshmi Narayanan Ramanujam |
WIP Number | 9832-00-71-00-00 |
Is Prebook | No |
GPS Codes | 9800-A6,9807-A6,9832-A6,9882-A6,9963-A6,9AF6-A6,9B01-A6 |