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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

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

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

Green Car Congress

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Tags: Natural Gas. million in 2008. Environmental benefits.

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

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Tags: Conversions LNG Market Background Natural Gas. million in 2008. Energy security.

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Surge in natural gas vehicles predicted

Green Cars News

The eyes of the world may be on developments in electric and hybrid car engineering, but according to Cleantech research firm Pike Research, it is a surge in the number of natural gas vehicles on the road that we should be looking out for. It has also forecast that the market will grow globally at a rate of 5.5 per cent between 2008 and 2015.

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