Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016
Green Car Congress
JANUARY 20, 2011
million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% The growth in vehicles will lead to growth in usage of natural gas for transportation fuel, which Pike expects to reach 19,123 million cubic meters of gas globally (6.7% million vehicles per year in 2010 to more than 3.2
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