Green Car Congress
DECEMBER 28, 2015
In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million LD NGVs sales in 2025. million vehicles in 2015 to 3.9 million in 2025. Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6
Green Car Congress
JULY 6, 2012
This level of sales results in a cumulative total of 25.4 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. Fleet sales of NGVs are growing at a rate of 10.8% between 2012 and 2019, reaching 3.2
Green Car Congress
JUNE 20, 2013
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. Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013. million by 2020. Forecasts Natural Gas'
Green Car Congress
DECEMBER 11, 2009
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. Pike expects the CAGR for US NGV sales to be 17.7%
Green Car Congress
FEBRUARY 2, 2010
The JV will be held 76% by KOEL—India’s largest manufacturer of diesel engines, both air-cooled and liquid cooled, covering a power range of 3 hp to 11,000 hp—and 24% by Axial Vector. Founded in 1888, Kirloskar Group today is a multi-product, multi-location engineering conglomerate with annual sales exceeding US$1.0
Green Car Congress
OCTOBER 19, 2009
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). Pike expects the CAGR for US NGV sales to be 17.7%
Green Car Congress
JUNE 10, 2011
More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India. On the other hand, natural gas derived gasoline and diesel have the advantage of being drop-in fuels, but carry a higher conversion cost. Natural gas to fuel conversion processes.
Expert insights. Personalized for you.
150 
Let's personalize your content