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% million LD NGVs sales in 2025. These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.
Green Car Congress
JULY 6, 2012
This level of sales results in a cumulative total of 25.4 Although Pakistan also has a large fleet of NGVs, its market has been volatile as the government looks to reduce strains on the country’s NG supplies, according to the report. Fleet sales of NGVs are growing at a rate of 10.8% 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. Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013.
Green Car Congress
JANUARY 20, 2011
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
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
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. Pike expects the CAGR for US NGV sales to be 17.7% Availability.
Green Car Congress
FEBRUARY 2, 2010
Axial Vector will enter into a patent license agreement to the JV on its technology, and will receive a five-year royalty payment in addition to its JV ownership starting with 5% of product sales value. Founded in 1888, Kirloskar Group today is a multi-product, multi-location engineering conglomerate with annual sales exceeding US$1.0
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