Frost & Sullivan: North America to Gain Pole Position in the Manufacture of Medium- to Heavy-duty Hybrid and Electric Commercial Vehicles

Frost & Sullivan: North America to Gain Pole Position in the Manufacture of Medium- to Heavy-duty Hybrid and Electric Commercial Vehicles PR Newswire MOUNTAIN VIEW, California, Sept. 18, 2012 - Original Equipment Manufacturers rely on vertically integrating power electronics to differentiate themselves in the market MOUNTAIN VIEW, California, Sept. 18, 2012 /PRNewswire/ -- North America is rapidly laying claim to the top slot in the manufacture of medium- to heavy- duty hybrid and electric commercial vehicles (CVs). This position of strength offers its domestic original equipment manufacturers (OEMs) and suppliers the unique opportunity to not only benefit from the local market's growth, but also cement leadership positions in South America and Asia. In 2020, approximately 307 thousand medium- to heavy-duty hybrid and electric trucks and buses will be manufactured globally, nearly half of which will be produced in North America. New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Analysis of the Medium- to Heavy-duty Hybrid and Electric Commercial Vehicle Market in North and South America, estimates that nearly 7 percent of all medium/heavy commercial vehicles manufactured globally in 2020 will have hybrid/electric powertrain systems. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.