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Canadian startup launches INDIEGOGO funding campaign for low-cost electric self-charging solar tricycle produced in Pakistan

Green Car Congress

The team projects that the high-efficiency vehicle will have a a minimum unit cost of only $1,400 to produce—the price of an average mountain bike—once the funding goal is reached. Production will be in different manufacuring hubs in Pakistan. The team has not yet produced a working demo for their concept.

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Does Osama Bin Laden Keep Pakistan From The Tatas It Wants?

Green Car Reports

Despite a bumpy start, including some early examples of spontaneous combustion, the tiny Tata Nano is starting to fulfill the promise of bringing a four-wheeled automobile to India's masses at the world's lowest price. This hasn't gone unnoticed next door, in Pakistan.

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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. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 million by 2020. million sales expected in 2013.

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Saudis Expand Price War Downstream

Green Car Congress

The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel? By offering almost 2.8 In fact, at $5.60

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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

These improvements not only allow those aircraft to fly longer, faster, or farther on the same tank of fuel, but could save us 127,000 barrels of fuel per plane per year, amounting to $15 million per plane per year at today’s fuel prices.

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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. Another barrier is the higher purchase price or conversion cost. MIT: leaning toward conversion for light-duty vehicles. Tcf/year, equivalent to 1.3 million bpd of oil. today and 1.9%

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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

Navigant expects that with a wider gap between natural and liquid fuel prices and more aggressive incentives, Western Europe and to a lesser degree Asia Pacific, will continue to see NGV growth, but at a lower rate than previous projections. Various regional factors affect the markets for natural gas vehicles (NGVs), Navigant observes.

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