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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

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A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 Approximately 84% of that will be provided by conventional fuels. Annual road transportation sector energy consumption by fuel type, world markets: 2015-2035.

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

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These include vehicle availability, consumer awareness, charging infrastructure, and threats from competing alternative fuels or fuel efficiency solutions. Though PEV market growth has been considerable, challenges remain.

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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles

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The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., Additionally, regional fuel costs and refueling infrastructure availability play a major role in consumer acceptance of alternative fuels regardless of government backing. billion vehicles on the world’s roads.

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Pike Research projects alternative fuel buses to represent 50% of total transit bus deliveries by 2015

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According to a recent report from Pike Research, the current trend toward cleaner transit buses will continue over the next several years, with alternative fuel vehicles representing more than 50% of the 64,000 total transit buses that will be delivered worldwide during 2015, up from 28% of total bus deliveries in 2010.

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Westport awarded additional production supply agreement for Euro 7 LPG fuel systems by global OEM

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Westport Fuel Systems has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is forecasted to generate €63 million in total revenue from 2025 to 2028.

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