Remove Conversion Remove Diesel Remove Pakistan Remove Sale
article thumbnail

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million LD NGVs sales in 2025. million vehicles in 2015 to 3.9 million in 2025. Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6

2015 150
article thumbnail

Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

to reach just more than 3 million vehicles (including conversions) by 2015. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. NGVs have substantially lower GHG, CO 2 , and NO x than gasoline or diesel. Environmental benefits.

2015 268
article thumbnail

Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

to reach just over 3 million vehicles (including conversions) by 2015. The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Despite growth of the market as a whole, the US NGV market is expected to remain dominated by fleet sales to government and commercial customers (89% of sales in 2015).

2015 170
article thumbnail

MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. MIT: leaning toward conversion for light-duty vehicles. Natural gas to fuel conversion processes.

MIT 299
article thumbnail

Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

Green Car Congress

The JV will be held 76% by KOEL—India’s largest manufacturer of diesel engines, both air-cooled and liquid cooled, covering a power range of 3 hp to 11,000 hp—and 24% by Axial Vector. Founded in 1888, Kirloskar Group today is a multi-product, multi-location engineering conglomerate with annual sales exceeding US$1.0

Sri Lanka 210
article thumbnail

Surge in natural gas vehicles predicted

Green Cars News

Currently, the top five markets for natural gas vehicles are Pakistan, Argentina, Iran, India and Brazil with Pike Research anticipating that India will be the fastest growing market at a rate of 18.4 per cent between 2008 and 2015 – that translates to 31,347 vehicles, including conversions, sold in 2015.

Gas 36