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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

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% Light-duty NGVs typically run on compressed natural gas (CNG) because the tanks. between 2012 and 2019, reaching 3.2

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

Green Car Congress

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. MIT: leaning toward conversion for light-duty vehicles. Another barrier is the higher purchase price or conversion cost. These include short-range, heavy-duty vehicles (e.g.,

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