ACT Research, in collaboration with Rhein Associates, recently released its N.A. Commercial Vehicle On-Highway Engine Outlook for commercial vehicle Classes 5-8, including five-year forecasts of engine volumes and product trends. The report says ACT Research expects battery electric truck production to triple this year compared to 2022.

“The California Air Resources Board (CARB) approved a $2.6 billion investment plan to assist transition to zero-emission transportation, with the majority of the incentives and subsidies approved focused on cleaner trucks and buses,” said Andrew Wrobel, senior powertrain analyst, Rhein Associates. “Battery electric truck production is expected to triple this year compared to last, however, this growth is still moderate within the broader market, accounting for less than 1% of total truck production.”