According to a new report from Navigant Research, worldwide sales of alternative medium and heavy duty vehicles (MHDVs) will reach 14 percent of total sales of all vehicles in their class by 2035. MHDVs currently represent less than 5 percent of the total vehicle market today, and the vast majority of these use conventional internal […]
According to the latest findings from Navigant Research, worldwide sales of light-duty NGVs will grow from 2.5 million annually in 2014 to 4.2 million in 2023. In some countries, such as India, China, Thailand, and Brazil, a robust market for natural gas vehicles (NGVs) already exists. In others, such as the United States and Germany, […]
Over the next 8 years, biofuels, according to Navigant Research, are expected to become a larger part of the fuel mix for road transportation, accounting for 7.5 percent of liquid fuels consumed in the sector by 2022 and totaling approximately $338 billion in annual revenue. The current annual number is $166.5 billion. Navigant notes that […]
According to a recent report, worldwide sales of hybrid and electric trucks for the commercial market will reach nearly 105,000 by 2020. “The fleet market tends to be quite conservative, as fleet managers thoroughly examine new technologies prior to adoption,” says Lisa Jerram, senior research analyst with Navigant Research, the company which issue the report. […]
According to a recent report from Navigant Research, the total number of natural gas trucks and buses on roads worldwide will grow from 1.5 million in 2014 to 3.7 million by 2022. Fueling the growth are a number of factors, including new drilling techniques, expansion of pipelines that have made natural gas (NG) a significantly […]
According to a new report, worldwide sales of electric and alternative fuel vehicles will grow from 6.6 million in 2014 to nearly 12.4 million in 2022. The report, conducted by Navigant Research, notes that “after decades of dominance by internal combustion engines, the worldwide automobile market is diversifying at a rapid pace.” Government incentives, consumer […]
