The Road Ahead: Electrification, Fleet Evolution, and Alternative Fuels (Mark Hazel)

In this episode of the Mile Marker podcast, we speak with Mark Hazel, Associate Director for Commercial Vehicle Reporting at S&P Global Mobility. The conversation dives into electrification trends in the commercial vehicle industry, highlighting significant growth in EV adoption by fleets, which has risen from 8% in 2021 to nearly 20% by late 2024. Factors like regulatory incentives, operational efficiencies, and innovative OEM strategies are driving this adoption, with Rivian emerging as a leader in EV cargo vans.

Mark discusses the strategic pivot of OEM captives toward fleet management, emphasizing Ford Pro's success through granular data use and integrated telematics solutions. The conversation explores post-pandemic impacts, including supply chain disruptions that extended vehicle lifespans and spurred creative fleet utilization, such as repurposing vehicles and embracing shared mobility models.

Looking ahead, Mark touches on the future of autonomous fleets, with potential applications beyond ride-hailing and delivery services, such as enhancing technician productivity and reducing operational costs. The discussion wraps with insights into alternative fuels, including hydrogen and compressed natural gas (CNG), and their growing role in heavy-duty fleet applications.

The episode provides a comprehensive view of the evolving fleet landscape, offering data-driven insights and a glimpse into the future of mobility and sustainability.

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