The Car and Truck Fleet and Leasing Management Magazine

Fleet Natural Gas Vehicle Adoption Slow

July 02, 2014

File graphic


 
File graphic

Commercial fleets have been slow to add natural gas vehicles to their fleets globally due to the significant upfront purchase cost and relatively high cost of conversion, according to a new research report.

The market for vehicles powered by compressed natural gas or liquified natural gas remains in its infancy, according to "Commercial Natural Gas Vehicle Market 2014-2024" by data provider Visiongain.

The 126-page report predicts that global sales of natural gas vehicles should reach 1.1 million in 2014. The market still represents high potential for growth in the coming decade, especially in the heavy-duty trucking segment, according to the report.

Other segments such as work trucks, vans, buses and motor coaches could also see significant growth.

For the full report, click here.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

  1. 1. Richard Battersby [ July 02, 2014 @ 12:14PM ]

    this does not match my experience and national data found here:

    http://www.afdc.energy.gov/data/categories/fuels-infrastructure#10321

 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A practice where an employer pays an employee a set rate (per mile traveled) when the employee uses his or her personal vehicle for job-related travel.

Read more

Alternative Fuel Locator

Use the Alternative Fuel Locator to find stations near you.

Launch Alternative Fuel Locator

Up Next

More From The World's Largest Fleet Publisher