ACT: Third of Class 4-8 Vehicles to be Battery-Electric in 10 Years
June 4, 2021
With the total cost of electric-vehicle ownership for some commercial applications already beating out internal-combustion engines, ACT Research predicts that electrification of the Class 4-8 commercial vehicle market in the U.S. and Canada will top 40% by 2040 – with a third of the market migrating to battery-electric solutions in the next 10 years.