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Increasing concerns regarding greenhouse gas emissions have caused technologies like battery electric vehicles and hybrid vehicles to gain immense popularity globally. However, rising concerns regarding range anxiety are causing fleet operators to explore options that...
EMEA’s LCV market has continued to experience steady growth in annual sales. This increase is expected to be maintained as multiple countries in Europe readily begin their integration of electric vans in their transportation fleets. With the rise of Covid in 2020,...
Internal combustion engines (ICE) were a revolutionary invention that drastically changed the global transportation landscape. Through Toyota Prius, which was the first mass produced electric hybrid vehicle, electric vehicle (EV) technology was first introduced into...
4 million LCVs were sold in 2020 in the EU, accounting for 82% of commercial vehicle sales. As far as electrification trends in the bus market is concerned, Netherlands, Germany and UK are the leaders in the EU. According to UNFCCC, trucks, despite being only...
Electrification in Commercial & Off-Highway Vehicles is rapidly increasing as governments are changing their policies towards a greener future and vehicle manufacturing OEMs are continuing to work on improving the battery life and the battery charging time. This...
• The growth in the COHV segment is being driven by a variety of incentives and motivations. • Since 1991, when lithium-ion batteries were first commercially introduced, the price has dropped 97%. • Globally, the installed base of global public charger points showed a...
E-commerce industry has grown tremendous in the last decade; nearly 15% year over year. Within the trucking industry, delivery vehicles are best placed for full electrification in the near future. The World Economic Forum (WEF) predicts 36% increase in delivery...
Commercial and Off-Highway Vehicles (COHV), as the name suggests, are commercial means of transport and work. In the United States, a vehicle is designated commercial when it is registered to a company or a corporation. These commercial vehicles are involved in many...