One-fifth of operators to try alternative fuels within three years, new research reveals

One-in-five operators plan to acquire non-diesel trucks for their fleets within three years, new research reveals, showing a healthy appetite for new technology.

The ‘Asset Alliance Group Industry Monitor 2021’, compiled in partnership with Motor Transport and Commercial Motor, also discovered that just over half (51%) of respondents said they had no current plans to buy non-diesel trucks, however with the caveat “this might change”. The remaining 29% stated they had no intentions to try alternatives.

Gas-powered trucks topped the list when it came to which alternative fuels operators were looking to try, with 8% looking at liquefied natural gas (LNG) and 6% considering compressed natural gas (CNG).

A further 9% were planning on plugging into battery electric vehicle technology, while 6% were exploring range-extended electric options.

Drop-in fuels such as hydro-treated vegetable oil (HVO) and gas to liquid (GTL), as well as hydrogen were also on the radar for some operators.

Finances and a lack of public refuelling infrastructure topped the list when it came to the barriers cited by operators for trying new fuels and technology.

But more than half (52%) of respondents would be more inclined to try alternative fuels if there was a financial incentive from the government, such as reduced tax or maybe a scrappage scheme.

Non-financial operational incentives, such as more access to restricted kerb-sides or additional delivery windows, would also encourage one-fifth of respondents.

Free to download, the ‘Asset Alliance Group Industry Monitor 2021’ comprises a robust 625-strong respondent base.

A must-read for all fleet operators, it provides analysis of key challenges – such as urban regulations, the national driver shortage and truck crime – and gauges the impact they are having on business of all sizes.