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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

2019 311
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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.

2015 268
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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.)

MIT 299
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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. million in 2008. Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5%

2015 170
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Secretary of the Navy Sets Target for 50% of Total Energy Consumption from Alternative Sources by 2020; Role for Biofuels and EVs

Green Car Congress

Another of the five goals is for the Department of the Navy to reduce petroleum use in its 50,000 strong commercial fleet by half by 2015. We do not have operational independence and we are tied to a vulnerable logistics tail.

2020 308