Green Car Congress

DECEMBER 11, 2009

The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% to reach just more than 3 million vehicles (including conversions) by 2015. million in 2008.

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Green Car Congress

OCTOBER 19, 2009

Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% 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. Indeed, the other drivers take center stage in some specific markets (e.g.,

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Green Car Congress

JUNE 10, 2011

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.

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Green Cars News

OCTOBER 19, 2009

It has also forecast that the market will grow globally at a rate of 5.5 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.

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