Utility market stable despite economic climate

The Swiss commercial vehicle sector is showing notable resilience in the face of the current weak economic growth. From January to September 2024, new registrations increased by 2.8%, reaching a total of 31,908 vehicles in Switzerland and Liechtenstein. Light and heavy commercial vehicles recorded increases of 3.5% and 7.2% respectively. In contrast, the motorhome segment is experiencing a slight decline.

The truck sector is progressing with an increase in the share of electric vehicles reaching 9.8%. This figure already exceeds that of the previous year. However, challenges remain, particularly in improving fast-charging infrastructure. Although there are uncertainties regarding the exemption of fees for electric trucks, the market is showing strong demand.