Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019
Green Car Congress
JULY 6, 2012
Asia Pacific will become the largest market for NGVs, according to the Pike report, “ Light Duty Natural Gas Vehicles ”, due to strong growth in a variety of markets including: Thailand (24% CAGR); India (23%); and China (20%). Egypt also has a relatively strong light duty vehicle (LDV) market, particularly among taxi.
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