Are you Charging Forward to Zero Emissions?
For businesses working to understand the future of decarbonized Classes 4-8 vehicles, ACT Research has developed a groundbreaking report that collects and analyzes propulsion systems evolution of battery and fuel cell electric, government regulations and subsidies, electric and hydrogen supply and infrastructure, as well as a total-cost-of-ownership model of 52 vehicle applications across North America thru 2040.Get Charging Forward
Commercial Vehicle Decarbonization Forecast & Analysis
There is a growing need for quality information to support businesses as they work to address science-based targets, meet regulatory guidelines, and still turn a profit.
There is an insufficiency of industry-wide understanding, standardization, and aggregation of battery and fuel cell electric commercial vehicle technology resources, unit economic driven total-cost-of-ownership (TCO) models, and adoption rate forecasts across Classes 4-8 vehicles.
- Are you working to quantify the Total Addressable Market (TAM) for decarbonized commercial vehicles?
- Do you need an industry-recognized, independent forecast for investor credibility, fleet payback, and pricing advantages?
- Do you need a comparable and deep dive into the various technology models and their adoption by application?
- What about the information on keeping up to date on infrastructure development impact, timeline, potential updates, and impact on adoption? Not to mention government subsidies and incentives.
Where do you go when you want to be green and still make some green? What you need is a one-stop resource that collects and analyzes all the relevant and necessary information on propulsion system technology, battery, and fuel cell technology, charging, and infrastructure, government regulations, and subsidies, while also taking a deep dive into technology adoption and long-term strategic forecasting by duty cycle across Classes 4-8 vehicles.
We’ve worked with commercial vehicle OEMs, suppliers, new entrant technology suppliers, fleets, dealers, and financial firms for more than 30 years providing award-winning market data, industry analysis, and forecasting services. In addition, we’ve performed several deep-dives on alternative power trains, starting with natural gas in the early 2010s. With a wealth of understanding of the transportation market, we realized that we are the ideal company with the knowledge, skill, and expertise to provide actionable intelligence for better business planning, preparation, and budgeting for the road ahead.
For businesses working to understand the future of electric Classes 4-8 vehicles, ACT Research has developed a groundbreaking report that collects and analyzes propulsion systems evolution of battery and fuel cell electric, government regulations and subsidies, electric and hydrogen supply, and infrastructure as well as a total-cost-of-ownership model of 22 vehicle applications across North America thru 2040.
That’s why ACT Research has developed CHARGING FORWARD, an economic-driven, bottoms-up analysis of the North American battery and fuel cell electric vehicle market, and a one-stop resource combining first-hand industry knowledge of battery and fuel cell commercial electric vehicle market leaders with ACT’s expertise in analysis and forecasting to provide a first-of-its-kind business planning tool. By collaborating with nearly 50 of the leaders in battery and fuel cell technology for Classes 4-8 vehicles, ACT Research has developed an extensive and highly-regarded report analyzing and forecasting adoption rates of 22 vehicle applications across North America thru 2040. Recognized as the leader in commercial vehicle demand forecasting, ACT Research has developed and aggregated information across North America on propulsion systems technology development covering battery and fuel cell electric powertrains, government regulations and subsidies, electric and hydrogen supply and infrastructure, and crafted a total-cost-of-ownership model complete with three scenarios (base, slow, fast adoption) that are regarded by new and legacy OEMs, Tier 1 & 2 Suppliers, investment firms, and fleets as the best in the market.
CV Decarbonization Forecast
Build & Unit Sales Forecast 2024-2030, 2035, 2040
CV Decarbonization Markets
GVW Classes 4-8 Including:
- Step Van
- Low Cab Forward
- School Bus
- Transit Bus
- Straight Truck
- Day Cab
CV Decarbonization TCO Analysis
Customized base, slow, and fast case Total-Cost-of-Ownership (TCO) Analysis of 14 market sub-segments and 50 unique vehicle applications.
CV Decarbonization Powertrains
Battery Electric, Fuel Cell Electric, Natural Gas, Gasoline, Hydrogen Internal Combustion, Propane, and Hybrid comparisons to Diesel by segment and application.
CV Decarbonization Regions
North America, China, and Europe
CV Decarbonization Sample
Review a sample of Charging Forward 2nd Edition, including an excerpt from the analysis document and purged TCO excel file.
Charging Into Tomorrow
CHARGING FORWARD covers eight specific target areas to lay the foundation of our research and assumptions, including economic assumptions, propulsion systems technology, battery technology, fuel cell technology, government regulations and subsidies, electric supply and charging infrastructure, hydrogen supply and fueling infrastructure, and total-cost-of-ownership. These items are outlined in detail in the analysis PDF document, part of the three deliverables provided with the findings.
Economic Assumptions – Utilize ACT’s award-winning economic forecasts so you can understand the macro perspective of the North American economy and its impact on commercial vehicle production.
Propulsion Systems Technology – An aggregation and comparison of the benefits and challenges of battery and fuel cell electric-power against diesel powertrain vehicles so you can monitor and assess the technology opportunities and challenges of each propulsion type.
Battery Technology – Understand the current and future trends of battery technology, including energy density, reliability, and cycle life, so you can understand how emerging trends may impact the adoption of battery technology.
Fuel Cell Technology – With insights into the current challenges and opportunities of fuel cell technology, comparisons of diesel powers and battery electric vehicles, and future trends in fuel cell development, this section will help provide an in-depth exploration of fuel cell technology and its path to adoption.
Government: Regulations & Subsidies – A detailed list of net-zero targets, pledges, timelines, and incentives that are driving electric vehicle adoption by governments so you can identify opportunities and keep information on changes.
Electric Supply & Charging Infrastructure – Will there be enough electricity generating capacity to serve the incremental demand for commercial vehicle charging, and will it come from “green” sources? This section will collect and summarize the data on capacity, as well as the considerations of carbon emissions, and grid reliability addresses these questions.
Hydrogen Supply & Fueling Infrastructure – A summary of current global hydrogen initiatives, global collaborations, and a review of hydrogen applications, production, and fuel infrastructure so you can weigh the economic benefits lined out in our analysis.
Total-Cost-of-Ownership – This TCO model drives the calculations for market share adoption, based on economic considerations of a more favorable TCO versus the incumbent diesel ICE powertrains, coupled with an investment payback period so you can have a method consistent with considerations of a commercial vehicle buyer when making investment decisions to purchase or lease. Included is a base, slow, and fast case scenario of each of the 85 unique vehicle applications for all regions and countries.
What is actionable intelligence from an industry expert worth to your business?
Businesses often pay five or six figures for custom project work, benefiting and utilizing our forecasts and insights for planning, preparing, and budgeting for the road ahead. That’s why we’ve developed CHARGING FORWARD: 2023-2040 Decarbonization Forecast & Analysis, to bring together ACT’s industry expertise with first-hand knowledge from more than 50 players in the commercial electric vehicle market for the low cost of $35,000, saving you time and money without sacrificing quality, valuable information.
In July 2023, our team will publish the third edition of charging forward, featuring additional powertrain analysis to our current battery and fuel cell electric to include natural gas, hydrogen, hydrogen internal combustion (H2-ICE), gasoline, propane, and hybrid powertrain alternatives, forecasting the splits and adoption rates of 52 vehicle applications across Classes 4-8 commercial vehicles. The transportation industry is charging forward with decarbonization vehicles. However, there are still unanswered questions about infrastructure, electric capacity and supply, natural gas utilization, H2 internal combustion viability, duty cycles, and payback. That’s why we’ve created this tool to provide guidance for strategic business planning over the next 15 years.
You can get access to the information your business needs to answer the questions your competitors are asking. What does the landscape of Class 4 look like for alternative power with the $40k IRA credit? What are the key considerations when considering investing in charging infrastructure for battery and hydrogen?
To help address these questions and more, we’ve created two options for teams working to better understand, plan for, and manage the demand of decarbonization.
CHARGING FORWARD, the complete report and analysis, is a deep-dive into all things decarbonization, from regulations to subsidies, from technology to fueling infrastructure, from build and sales forecasts to adoption rates of powertrains over a time-horizon. However, the keystone element of this work is the total cost-of-ownership (TCO) model developed by ACT Research. For more than four years and through thousands of customer conversations, this model has been refined and updated to provide a unique view of the marketplace, leading to the use and adoption by companies across the industry. For example, a leading North American truck manufacturer adopted the TCO model as their own because of the depth, detail, and effectiveness in modeling future vehicle demand, and a global Tier 1 supplier utilized the model to build out the new business strategy of their decarbonization market solutions. Across the three editions of CHARGING FORWARD ACT Research has executed since 2018, 20 multi-client participants are repeat contributors, coming back to the well to provide insights and gain an updated TCO model for their businesses. If your business is looking for a third-party resource to guide business decisions, then CHARGING FORWARD is the ideal solution, proven to provide insights and guidance to address the questions your business is asking.
For those who do not need as much detail, we offer CHARGING FORWARD LITE, a modified edition that provides the respective regional decarbonization forecasts, with add-on options to provide only the insights needed for your business. The report sections noted in the graphic below will be a condensed version of the full account. While still providing the valuable insights businesses have come to expect from ACT Research, these Lite add-on sections can be considered the “cliff-notes” edition for businesses that are focused on specific niches, budget conscious, or investigating new areas of interest.
68 participants, 6 years of research, and 3 editions of CHARGING FORWARD.
Is it worth the investment?
The perspective of OEMs, suppliers, new entrants, dealers, and fleets is essential for our continuously developing TCO and forecast models that provide unparalleled insight into the forecast trajectory of adoption and production of decarbonized commercial vehicles. That’s why we are developing the third edition of CHARGING FORWARD in 2023.
As the leader in forecasting demand for Classes 4-8 vehicles, it’s a natural extension that we look to support the market with a bottom-up TCO model for forecasting the decarbonization of commercial vehicles and commercial autonomous vehicle adoption. This process, like the technology, has evolved as we work with multi-client participants to understand and develop a standard for EV and AV adoption rates by application.
If you need quality, industry insights, and actionable intelligence from an industry expert on the future of commercial vehicle decarbonization across powertrains, then act now. Complete the form below to get started working with CHARGING FORWARD or CHARGING FORWARD LITE. Join us as we work to better understand and anticipate the charge forward.