The California Air Resources Board laid down its most ambitious rule yet, which includes not only passenger cars but light-duty trucks. The rule is phasing out traditional power in fleets’ biggest workhorses.
The global market for light-duty electric vehicles (LDVs) are expected to grow by almost 1% for year for the next three decades, peaking around 2038.
Sales of light-duty vehicles equipped with diesel engines crossed 500,000 in 2018 partly driven by a 12.5% gain among heavy-duty pickups, according to a leading diesel advocacy group.
Sales of vehicles from eight manufacturers to commercial fleets declined 5.1% to 48,503 units in November but remain positive for the year, according to Automotive Fleet data.
The average age of light-duty vehicles on U.S. roadways increased to 11.6 years this year, and registrations climbed 2.4% to 264 million, according to IHS Markit.
The average fuel economy for new vehicles sold in February was 25.2 mpg — unchanged from the value that was revised for January.
The average fuel economy of new vehicles sold in August, decreased by 0.1 mpg from 25.4 to 25.3 mpg compared to the previous month, according to a study by the University of Michigan's Transportation Research Institute (UMTRI).
Fuel economy has seen a gradual increase in light-duty vehicles since the 1990s with a 1.8 mpg improvement in 2013, according to the University of Michigan's Transportation Research Institute.
The average age of light-duty vehicles in U.S. roads has reached 11.5 years, which reached a high point since IHS Automotive began tracking the data, the analytics firm has announced.
Vehicle manufacturers should sell 16.5 million light-duty vehicles in retail and fleet channels in 2014, which represents a 6 percent increase from 2013 amid the backdrop of an improving U.S. economy, according to Edmunds.com.
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