Remove Available Remove Oil Remove Pakistan Remove Sale
article thumbnail

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million LD NGVs sales in 2025. These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.

2015 150
article thumbnail

Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

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. Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013.

2020 321
article thumbnail

Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

Green Car Congress

According to a new report from Pike Research, worldwide natural gas vehicle (NGV) sales will increase at a healthy pace over the next several years, rising from 1.9 Pike expects India to overtake Iran for the lean in NGV sales in 2014, and targets that market at 612,389 NGVs in 2016 (12.0% million units annually by 2016. to reach 19.9

2016 218
article thumbnail

Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

Green Car Congress

Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). Rahul Kirloskar, Director, Kirloskar Oil Engines Limited. Source: AVEC. Click to enlarge.

Sri Lanka 210
article thumbnail

Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

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.

2015 268
article thumbnail

Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

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. Pike expects the CAGR for US NGV sales to be 17.7% Availability.

2015 170
article thumbnail

MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

MIT 299