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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

JULY 6, 2012

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% market largely consists of fleet purchasers rather than individual consumers. between 2012 and 2019, reaching 3.2

2019 311
2019 Light Gas Global 311
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

JUNE 10, 2011

In the US, the MIT report notes, only 0.15% of natural as is used as a vehicle transportation fuel; 32% of consumption is in the industrial sector, and 35% is in the residential and commercial sectors. Another barrier is the higher purchase price or conversion cost. MIT: leaning toward conversion for light-duty vehicles.

MIT 299
MIT Gas Transportation Future 299
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