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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5 and 6 years, depending on the vehicle).

2020 321
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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.

2015 150
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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. Environmental benefits. Energy security.

2015 268
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency.

MIT 299
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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

Although Pakistan also has a large fleet of NGVs, its market has been volatile as the government looks to reduce strains on the country’s NG supplies, according to the report. NGVs offer lower emissions of greenhouse gas (GHG), particulate matter (PM), and nitrogen oxide (NO x ) than gasoline or diesel-powered vehicles.

2019 311
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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. The fuel has to be cheaper than gasoline/diesel to recover the additional cost of the vehicle within a reasonable amount of time. Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% between 2008 and 2015.

2015 170
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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

Green Car Congress

The paper, which evaluates the potential costs and benefits of using natural gas as a vehicle fuel for road transportation, as well as the policy related to its market development, is intended to elicit comments and debate. The paper uses Brazil, India, Iran, Pakistan, the US and Europe as case studies.

Gas 207