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- In 2018, there were about 120 million commercial vehicles on the road worldwide. Of the 14.7 million units sold last year, 11.4 million were light commercial vehicles (LCVs) and 3.3 million were either heavy-duty trucks (HDTs) or medium-duty trucks (MDTs).
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With around 13.3 million vehicles produced, North America was the leading region in the production of commercial vehicles in 2022. Estimates place Asia and Oceania as the top manufacturer of...
May 16, 2024 · Commercial vehicles - worldwide production by type 2019-2023. Light commercial vehicles accounted for around 80 percent of worldwide commercial vehicle production in 2023. Over 21.4...
- The Sales Outlook For Commercial Vehicles
- The New-Energy Powertrains
- Adoption Trends by Region
In 2018, there were about 120 million commercial vehicles on the road worldwide. Of the 14.7 million units sold last year, 11.4 million were light commercial vehicles (LCVs) and 3.3 million were either heavy-duty trucks (HDTs) or medium-duty trucks (MDTs). Overall, commercial vehicle sales are growing slowly and will level out over the next ten ye...
Three new-energy technologies show especially strong commercial promise: 1. Liquefied natural gas (LNG).Its fast refueling ability and its support for long-range transport are among LNG’s most appealing qualities. Yet its commercial viability depends on the presence of an ample natural supply or on public policy support, as well as on adequate infr...
The US, Europe, and China are at the forefront of implementing these new powertrain technologies. Adoption rates will vary, of course, by regional market, by vehicle type, and (importantly) by use—whether for deliveries in town or between cities, and whether for long-haul or closed environments, such as construction sites and harbors. Such factors ...
- Andreas Jentzsch
Sep 21, 2023 · Roughly 23.74 million heavy buses, light commercial vehicles, and trucks were produced worldwide in 2022.
Aug 9, 2019 · In 2015, there were 335 million commercial vehicles in the world dedicated to road transportation. This is excluding passenger vehicles (personal vehicles). This includes trucks, commercial cars, and every other commercial vehicles.
May 1, 2023 · This interactive chart shows the share of each world region in global commercial vehicle production. 16.7 million trucks, vans and buses are manufactured worldwide per year, 18% of which is produced in Europe (3,079,810).
Dec 15, 2023 · Around 6.5 million trucks are currently in circulation in the EU. Over half a million trucks were manufactured in the EU in 2022. Half of heavy trucks built in the US come from European factories. The average age of trucks is 14.2 years. Get the bigger picture on trucks in our fact sheet below.
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