Race to Zero: European Heavy Duty Vehicle Market Development Quarterly (January – June 2024)
Publication Year: 2024
Author(s): Ananda S, Musa A, Basma H
Abstract:
In the second quarter of 2024, the market for heavy-duty vehicles (HDVs) in the European Union grew by 12% relative to the first quarter. Zero-emission vehicles (ZEVs) were for 4.1% of all HDV sales in the second quarter compared with 3.2% in the first quarter. This increase was across all three HDV segments—heavy trucks, light and medium commercial vehicles, and buses and coaches. Germany continued to lead in zero-emission HDV sales in the European Union, accounting for 32.2% (1,282 units) of the total across all vehicle categories in the second quarter.
Zero-emission HDV sales in the first half of 2024 increased by 54% relative to the first half of 2023. The sales share of zero-emission heavy trucks increased from 0.7% in the first half of 2023 (1,076 ZEVs out of 151,327 total heavy trucks) to 1.2% in the first half of 2024 (1,651 ZEVs out of 141,101). The sales share of zero-emission light and medium commercial vehicles rose from 4.9% in the first half of 2023 to 9.3% in the first half of 2024, and sales of zero-emission buses and coaches increased from 2,088 units to 2,819 units. However, the overall market share of zero-emission buses and coaches declined from 16% in the first half of 2023 to 15% in the first half of 2024.
Publisher/Organisation: International Council on Clean Transportation
URL:
https://theicct.org/wp-content/uploads/2024/09/ID-231-%E2%80%93-EU-R2Z-Q2_spotlight_final.pdf
Theme: Business Models | Subtheme: Procurement
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