Top Industry Leaders in the Truck Axle Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
October 2023- Daimler Truck Australia Pacific has welcomed the announcement of trials by three state governments that allow for greater front axle weights on electric trucks. The trials will take place in New South Wales, South Australia, and Queensland. As a rule, electric drive technology weighs more than a traditional internal combustion engine, which means more weight and a higher front axle load. Australian states have long enforced front axle weight tolerances that are significantly lower than many regions, including Europe. This can exclude some vehicles from local sales or cut their productivity by reducing the amount certain models can carry without breaching overall weight limits. According to Daimler Truck Australia Pacific, this could limit the take-up of electric trucks that produce zero emissions. The company noted that European authorities have approved a similar increase in front axle weight allowances for EV trucks over internal combustion variants.
October 2023- In Penske Truck Leasing's latest electrification move, it's added Xos's medium-duty electric trucks to its fleet. Penske has adopted the Xos Stepvan, a battery-electric Class 6 commercial truck. Class 6 is the category for single-axle and beverage trucks, along with rack trucks and school buses. Xos says its Stepvan is designed for parcel delivery, linen and textile services trucks, utility and repair trucks, and armored transport. Indeed, cash delivery giant Loomis added 150 of Xos's electric armored trucks to its US operations in February. The Stepvan has a modular battery system that allows it to be configured in several ways. Xos says that Penske's Stepvan can travel up to 150 miles on a single charge, features a gross vehicle weight rating of up to 23,000 pounds, and comes in available body sizes of 16′ or 18′.
Top listed global companies in the industry are:
- American Axle & Manufacturing
- AXLETECH
- Dana
- Meritor
- SAF-HOLLAND GROUP, and others.