Normal Full Auto Plastic Injection Machine Auto Loader,Energy Saving Machine,Pet Bottle Maker,Automatic Injection Moulding Machine Taizhou Langshun Trade Co.,ltd , https://www.longthinmachinery.com
Sales of natural gas-powered vehicles showed a mixed performance during the December to February period, according to the latest *Alternative Fuels Quarterly* from ACT Research. December sales fell 47% compared to the same month last year, while January saw an even steeper drop of 57% year-over-year. However, February brought a positive shift, with sales rising by 40% compared to the previous year.
"In the short term, the results were quite volatile," said Steve Tam, Vice President at ACT Research. "December saw a modest 1% monthly increase, but January dropped sharply by 49% from the prior month. February then rebounded, recovering 33% of the previous month's decline." He added, "Over the three-month period, total sales lost some of their gains from November, ending 2022 with a 3.2% increase compared to 2021."
So far in 2023, sales have declined by 29% through February compared to the same period in 2022. In 2022, a total of 3,837 natural gas-powered units were sold. As of February 2023, reporting original equipment manufacturers (OEMs) have sold 403 Class 8 natural gas-powered trucks.
The *Alternative Fuels Quarterly* report offers valuable insights, analysis, and trends on the adoption of alternative fuels and power systems in the U.S. heavy- and medium-duty commercial vehicle markets. It provides quick, actionable data for industry professionals, investors, and policymakers interested in understanding the evolving landscape of fuel and technology use in commercial transportation. The report covers key factors such as fuel pricing, infrastructure development, equipment costs, technological advancements, and regulatory changes. It also includes detailed data on natural gas truck sales and forecasts for future adoption.
ACT Research is a leading provider of data, market analysis, and forecasts for the commercial vehicle industry in North America and China. Their research is widely used by major truck and trailer manufacturers, suppliers, and financial institutions. ACT Research is a contributor to the Blue Chip Economic Indicators and is a member of the Wall Street Journal Economic Forecast Panel. The company has received numerous accolades, including recognition from the National Association for Business Economics, the National Private Truck Council, and the Lawrence R. Klein Award for accurate economic forecasting. Its senior staff has been named among the top forecasters by the Chicago Federal Reserve, the Wall Street Journal, and USA Today. For more information, visit www.actresearch.net.