Electrification, autonomous technologies, stringent regulations…the next 25 years can expect major change across the transportation and energy sectors. The century-old trucking industry is a cornerstone of global industry, driving freight movement that powers worldwide economic systems. However, disruption is looming; an increased focus on climate change, strict regulations and technological innovations are expected to change the future of this industry. In the Reinventing the Truck (RTT) 2024 update, S&P Global Mobility and S&P Global Commodity Insights have again brought together automotive and energy experts to identify and address major questions facing the industry. This December 2024 update navigates a landscape in flux. Growing optimism for electrified vehicles must be carefully weighed against the backdrop of practical and political challenges. Our scenario-based approach strives to strike a delicate balance between the two. The Reinventing the Truck report unveils two plausible scenarios amidst a changing landscape. The different scenario storylines unfold narratives of how the future market landscape will evolve and how clean energy technology will transform the MHCV fuel mix. The report answers key questions and analyzes their impact on the forecast. The deliverable, which includes a 225-slide PDF report, along with two Excel datasets, is now available. Contact us for more information on the latest Reinventing the Truck report. The Report includes:
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