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

Green Car Congress

million in 2008. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. The fuel has to be cheaper than gasoline/diesel to recover the additional cost of the vehicle within a reasonable amount of time. between 2008 and 2015 (compared to 2.7%

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

million in 2008. The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. between 2008 and 2015. between 2008 and 2015. between 2008 and 2015, which translates into 31,347 vehicles (including conversions) sold in 2015. Pike expects the CAGR for US NGV sales to be 17.7%

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Surge in natural gas vehicles predicted

Green Cars News

It has forecast a growth in natural gas vehicles on the road worldwide to 17million units by 2015 – that’s an increase from the 9.7million reported in 2008. per cent between 2008 and 2015. per cent between 2008 and 2015. per cent between 2008 and 2015 – that translates to 31,347 vehicles, including conversions, sold in 2015.

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

Green Car Congress

More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India. On the other hand, natural gas derived gasoline and diesel have the advantage of being drop-in fuels, but carry a higher conversion cost. Natural gas to fuel conversion processes.

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