Hexagon Agility, the world's leading provider of (renewable) natural gas fuels
systems, confirms new orders for CNG / RNG fuel system installations on pilot
trucks powered by Cummins' new X15N natural gas engine developed for the North
American commercial truck market. These orders are destined for major fleets and
cover two leading original equipment manufacturers (OEMs). The orders come in
addition to existing pilots that are already on the road with Hexagon Agility
fuels systems.
Order books are now open
As of February, Kenworth Truck Company, one of the top three truck OEMs in North
America, is the first to open its order books for trucks powered by the Cummins
X15N engine.
Kenworth and Cummins have stated that trucks equipped with the X15N engine will
be in serial production by mid-2024 with initial deliveries expected early in
the third quarter.
Natural gas goes head-to-head with diesel in the heavy-duty sector
"The launch of the Cummins X15N, 15-liter engine will triple the addressable
market for heavy-duty natural gas trucks over the next few years," says Eric
Bippus, EVP Sales & Systems Development, Hexagon Agility. "This is a game
-changer for our niche industry, enabling a powerhouse solution for Class 8
fleets traveling locally and cross country. The 15-liter delivers enhanced fuel
efficiency and maximum uptime."
The highly anticipated, industry-first X15N natural gas engine by Cummins is
designed to deliver a range of long-haul applications like diesel - while
significantly reducing emissions. Powered by RNG/CNG the X15N is capable of
meeting stringent EPA and CARB regulations in 2024 and 2027. With power ratings
up to 500 hp (~370 kW) and torque up to 1850 lb.-ft, (~2500 Nm) the engine
allows natural gas to go head-to-head with diesel in the heavy-duty sector.
Hexagon Agility expands capacity as more fleets are expected to "make the
switch"
Hexagon Agility expects demand for the new engine will ramp-up gradually during
2024 and the Company's addressable market for natural gas long-haul trucks will
increase at pace with the segment when this new engine is widely available.
Hexagon Agility's current capacity expansion program will substantially increase
cylinder volumes for heavy-duty truck applications. Production start for the new
line is set for the first quarter of 2025, to coincide with the increased market
demand. Learn more in Hexagon's Q4 2023 results
presentation (https://hexagongroup.com/news/hexagon-composites-asa-fourth
-quarter-2023).
About the North America heavy-duty truck market
Approximately 330,000 heavy duty trucks are sold annually in the North American
market[1].
100,000 of these trucks make up the addressable market for (renewable) natural
gas (RNG/CNG) solutions currently. The 9- and 12- liter natural gas engines on
the market are a good match for the usage patterns of these trucks - vocational
and day cab regional haul applications, mainly. This is supported by a strong
RNG/CNG filling station network of 1500+ stations across all key transport
corridors in North America.
The introduction of the Cummins X15 will unlock the long-haul market segment for
RNG/CNG that requires high horsepower applications and can demand a range of up
to 1,300 miles/2,000 km (matching the capabilities of diesel). This adds 230,000
heavy duty trucks to the addressable RNG/CNG market annually.
For more information, please contact:
Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
Jelena Rowe, Senior Manager Marketing & Communications, Hexagon Agility
Telephone: +1 310-872-0535| jelena.rowe@hexagonagility.com
About Hexagon Agility
Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and gas transportation
solutions. Its product offerings include (renewable) natural gas storage and
distribution systems, Type 4 composite natural gas cylinders, and (renewable)
natural gas fuel systems. These products transport clean gaseous fuels and
enable vehicles to reduce emissions while saving operating costs. Learn more at
hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.
1)Source: ACT Research