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Green Car Congress
JULY 6, 2012
The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% Light-duty NGVs typically run on compressed natural gas (CNG) because the tanks. between 2012 and 2019, reaching 3.2
Green Car Congress
JUNE 20, 2013
Other factors, such as increased vehicle availability, a shortage of oil refining capabilities, tightening emissions restrictions, and increased energy security, are also fueling growth within specific countries. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5
Green Car Congress
DECEMBER 11, 2009
Light-duty NGVs are not readily available in North America and parts of Asia, and are, in many cases, completely unavailable to private owners, the report notes. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Availability.
Green Car Congress
JANUARY 20, 2011
Iran and Pakistan are expected to rank second and third, respectively. The potential for new emissions regulations on both light duty and medium- and heavy-duty vehicles and the passage of some form of the NAT GAS Act early in 2011 are expected to contribute to the US growth. CAGR between 2010 and 2016).
Green Car Congress
DECEMBER 28, 2015
In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%
Green Car Congress
OCTOBER 19, 2009
The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. This rapid expansion will largely be due to the availability of refueling stations and the growth of government emissions rules in large cities in India. Availability. to reach just over 3 million vehicles (including conversions) by 2015.
Green Car Congress
JUNE 10, 2011
More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g., Total natural gas penetration in these segments would represent consumption of 2.5
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