Skip to content
Propane Insider
Subscribe

PERC Invests $6M in Propane Commercial Vehicle Tech; Inventories Remain Robust

By Bill StompPropane Insider1 min read
PERC Invests $6M in Propane Commercial Vehicle Tech; Inventories Remain Robust
The Propane Education & Research Council (PERC) has committed a significant $6 million to Nexio Power, Inc., aiming to advance the certification of medium to heavy-duty Class 7 propane commercial vehicles and a new 7.2-liter supercharged V8 propane engine. This investment, coupled with elevated U.S. propane inventories, signals a strategic push for propane's role in the transportation sector, balancing supply with new demand opportunities.