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Reinventing the Truck - 2020 Update

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Two scenario forecasts to 2050

The COVID-19 pandemic recession of 2020 has had a substantial impact on demand for trucking and therefore energy demand into that sector. Longer term, regional policies such as Europe's Green Deal, mainland China's incentives program, and California's Advanced Clean Trucks standard will play important roles in boosting the share of alternative fuel powertrains. Our latest update considers the short- and long-term disruption in diesel demand to provide a view of how the trucking sector will evolve in mainland China, the United States, Europe, and Japan.

Reinventing the Truck from S&P Global's Mobility and Energy Future service provides two forecast scenarios to 2050 for the medium and heavy vehicle (MHV) in China, Europe, Japan and the United States.

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