Remove Cost Of Remove Fleet Remove Pakistan
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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

Natural gas is about 41% the cost of gasoline, Navigant says, noting that compressed natural gas (CNG) equipment adds between 10% to 40% to the cost of the vehicle due to the CNG cylinders and engine equipment, while liquefied natural gas (LNG) adds 60% to 80% due to the more expensive storage tanks. million sales expected in 2013.

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

Green Car Congress

Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. The fuel has to be cheaper than gasoline/diesel to recover the additional cost of the vehicle within a reasonable amount of time. The reasons for NGV market growth vary for each country, according.

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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. The lifetime energy cost of a building or a system, and the fully burdened cost of fuel in powering those, will be a mandatory evaluation factor used when awarding contracts.

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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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Iran and Pakistan are expected to rank second and third, respectively. CAGR) as NGVs spread in the fleet and consumer markets; overall, however, NGVs will remain a small percentage of the market as China’s government is expected to continue to focus on electrification. China will see strong growth (20.8%

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

Green Car Congress

While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Despite growth of the market as a whole, the US NGV market is expected to remain dominated by fleet sales to government and commercial customers (89% of sales in 2015). to reach just over 3 million vehicles (including conversions) by 2015.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

Due to the incremental costs of NGVs, limited fueling infrastructure, reduced utility, and progress on competitive electrification technology, Navigant expects only modest LD NGV demand growth in North America. These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.

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