Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019
Green Car Congress
JULY 6, 2012
This market is also home to two of the largest NGV markets in the world: Argentina and Brazil (combined, they account for 25% of total NGVs. The Middle East is home to the largest market for LD NGVs, Iran. Fleet sales of NGVs are growing at a rate of 10.8% annually in North America, according to Pike. larger than the fleet market.
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