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

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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% Availability.

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

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Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency. Source: MIT.

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