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