According to the latest edition of ACT Research's *Alternative Fuels Quarterly*, sales figures for natural gas-powered vehicles showed mixed results during the December-to-February period. In December, sales dipped by 47% compared to the same time last year, while January saw an even steeper decline, falling 57% year-over-year. However, February brought some positive news, with year-over-year sales increasing by 40%.
Steve Tam, ACT Research’s Vice President, noted that recent trends have been unpredictable. December experienced a modest monthly increase of 1%, whereas January witnessed a sharp drop of 49% from the previous month. Fortunately, February managed to recover a portion of this loss, regaining 33% of January's decline. Despite these fluctuations, overall sales for the three-month span ended up negating the year-to-date gains recorded in November. By the end of 2022, natural gas vehicle sales were up just 3.2% compared to 2021.
Looking ahead, 2023 has not started on a strong note for natural gas vehicle sales. Year-to-date sales through February are down 29% compared to the same period in 2022. In terms of volume, natural gas vehicle sales totaled 3,837 units in 2022. For the first two months of 2023, reporting Original Equipment Manufacturers (OEMs) have sold 403 natural gas-powered Class 8 trucks.
### Alternative Fuels Quarterly Report Overview
The ACT *Alternative Fuels Quarterly* offers valuable insights into the adoption of alternative fuels and power sources within the U.S. heavy- and medium-duty commercial vehicle sectors. Designed to provide concise yet insightful information, it serves as a resource for anyone interested in understanding how power and alternative fuel usage is evolving in the heavy vehicle market. This report covers key factors influencing adoption, such as fuel pricing, infrastructure development, equipment costs, technological advancements, and regulatory shifts. It also includes detailed natural gas truck sales data along with forecasts for future natural gas vehicle adoption.
### ACT Research Overview
ACT Research stands out as the premier source of data, market analysis, and forecasting for the commercial vehicle industries in both North America and China. Major North American truck and trailer manufacturers, as well as their suppliers, rely on ACT's analytical tools. Financial institutions and investors also utilize ACT’s reports. ACT Research contributes regularly to the *Blue Chip Economic Indicators* and participates in the *Wall Street Journal Economic Forecast Panel*. Its leadership has been honored with prestigious awards, including election to the Board of Directors of the National Association for Business Economics and recognition as a top economic forecaster by *USA Today*. ACT Research continues to provide critical insights into global economic trends and commercial vehicle dynamics. For more information, visit [www.actresearch.net](http://www.actresearch.net).
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