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

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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.

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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 Americais 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 inSouth AmericaandAsia. 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 inNorth 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 andSouth 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.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. WhileNorth Americawill be the leader of the pack in the global markets,Brazil and other South American markets are gradually picking up steam. OEMs and suppliers are working both independently and collaboratively to spur this rapidly evolving market. They are developing innovative products, technologies, and supply chains to help reduce both upfront and lifecycle costs associated with these vehicles, which are perceived by many as prohibitive. Further, hybrid/electrics can be upstaged by nascent battery technology and competing emerging technologies such as liquefied petroleum gas/compressed natural gas (LPG/CNG)-powered CVs. This is due to their inability to support a wide range of commercial vehicle (CV) duty cycles, especially long-haul freight movement. Thus, in order to stand out in the market and beat back the competition, OEMs are focusing on power electronics and batteries. "Power electronics is emerging as a key focal point for OEMs, some of which are looking at vertically integrating this aspect of the hybrid/electric powertrain system," saidFrost & Sullivan Industry Analyst Bharani Lakshminarasimhan. "This is underlining the need for virtual integration of suppliers with OEMs, as it will enable suppliers to assume the research and development responsibilities