Class 3 Truck Market Trends

Class 3 Truck Market Trends

The class 3 truck industry is experiencing significant trends stemming from the increasing regulatory approvals of new trucks. Regulatory bodies worldwide are setting standards aimed at enhancing vehicle safety, reducing emissions, and promoting innovation in the automotive industry. As manufacturers introduce new Class 3 trucks that comply with these regulations, several trends emerge. There is a growing emphasis on vehicle electrification, with more electric Class 3 trucks entering the market. These vehicles offer zero-emission solutions and often benefit from incentives aimed at promoting cleaner transportation. Also, there is a trend towards enhanced safety features, including advanced driver assistance systems and collision avoidance technologies.
 

Lastly, there's an increased focus on vehicle connectivity, enabling better fleet management and optimization of operations. These trends shape the Class 3 truck market, driving innovation and meeting evolving regulatory requirements. For instance, in February 2024, California Air Resources Board certification was received by Mullen Automotive for its Class 3 low cab forward all-electric chassis truck. This certification is granted to vehicle manufacturers that meet stringent emissions standards by CARB regulations.