Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016
Green Car Congress
JANUARY 20, 2011
million units annually by 2016. million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% million vehicles by 2016. Natural gas refueling station development is not expected to achieve the same growth rate, but will reach nearly 26,000 stations worldwide by 2016.
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