The Green Car Congress tells us annual global sales of light-duty natural gas vehicles may reach 3.2M in 2019. A new study by Pike Research forecasts this will result in a cumulative total of 25.4 million light duty NGVs on the road by 2019. The figures include passenger cars, light-duty trucks and commercial vehicles. The Asia Pacific will become the largest market for NGVs with the strongest growth in Thailand, India and China. In North America, the truck segment will lead the way  because the market largely consists of fleet purchasers rather than individual consumers. According to the report, the most significant factors driving demand are: environmental benefits; economic benefits; energy security; and the increased availability of both the fuel and the vehicles themselves. NGVs are believed to offer lower particulate matter, nitrogen oxides and greenhouse gas when compared to both petrol and diesel vehicles. You can access the study here.

The Auto Channel says the global compressed natural market will reach 19.8 million units by 2015. One of the key factors contributing to this market growth is the cost savings from using CNG. The market is also witnessing increasing number of bi-fuel vehicles. However, insufficient compressed natural gas fueling stations poses the biggest challenge in the CNG market. Infrastructure for CNG vehicle varies by country and this hurdle will have to be overcome for these vehicles to become a significant alternative to petrol and diesel.

equities reports that Russia held an inter-disciplinary meeting on increasing the use of natural gas vehicle fuel in that country. Taking part in the meeting at Gazprom headquarters were senior officials from specialized Russian government ministries, leading oil companies such as Rosneft and LUKOIL, large producers of motor vehicles: KAMAZ, GAZ Group, Machinery & Industrial Group, Yo-AUTO and Russian Railways, executive authorities of Russian constituents, structural units and subsidiaries of Gazprom. The discussion focused on production of natural gas motors, the role of oil companies in expanding the natural gas filling stations network as well as converting existing vehicles to NGVs.

Forbes says that natural gas is the next big thing for transportation in the US.

The News & Sentinel reports the governor of the US state of West Virginia has created a task force to studying the feasibility of transitioning the state’s vehicle fleet to natural gas and developing a supporting infrastructure.

Hispanic Business informs us the US Department of Energy is granting $30 million to develop affordable technology for natural gas vehicles.

The US state of Texas is offering $18 million in natural gas vehicle grants reports the Austin Business Journal. The funds are available to businesses, governmental entities and individuals to replace older gasoline or diesel vehicles with natural gas vehicles.

Ryder Trucks in Sacramento, California is offering free test drives for natural gas trucks. EON says three day free trials are being offered to try out a Freightliner Tandem Axle Tractor, a Freightliner Single Axle Tractor, and a GreenKraft Light Duty Straight Truck.

 

 

 

 

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