Analysis of Zero-Emission Vehicle Market Trends in US Heavy-Duty Vehicles
Key Ideas
- Significant increase in zero-emission vehicle registrations in US heavy-duty vehicle market in 2024 compared to previous years.
- Traton and Daimler lead in manufacturing both ICE and zero-emission buses in the US.
- Class 8 tractor trucks dominate the zero-emission truck market with over 70% of registrations in the first half of 2024.
- Positive growth seen in zero-emission medium-duty truck registrations, with Daimler leading the market share in the second quarter.
An analysis of the US heavy-duty vehicle market in 2024 shows a notable growth in zero-emission vehicle registrations, reaching 0.56% of total new registrations in the first half of the year. Zero-emission buses achieved a double-digit market share for the first time, with Traton and Daimler being the major manufacturers in this segment. In the truck market, Class 8 tractor trucks led the zero-emission market, while Class 4–6 rigid trucks also saw an increase in market share. Medium-duty trucks witnessed growth with Daimler dominating the zero-emission registrations. The heavy-duty truck market saw over 300 zero-emission registrations in both quarters, surpassing previous full-year data. Legacy manufacturers like Daimler, Paccar, and Volvo Truck hold a significant share in both ICE and zero-emission markets, while dedicated manufacturers like BYD and Tesla are also making strides. Overall, the zero-emission vehicle market in the US is showing positive trends and increasing market penetration.
Topics
Public Transit
Market Trends
Vehicle Registrations
Fuel Types
Market Penetration
Manufacturer Groups
Truck Classes
Segment Shares
2024 Trends
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