
The number of EVs on U.S. roads will double by 2021, according to an association representing privately held electric companies.
The number of EVs on U.S. roads will double by 2021, according to an association representing privately held electric companies.
Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.
The global compressed natural gas (CNG) and liquefied petroleum gas (LPG) market is expected to grow by more than 10% a year over the next six years due to the increase in population and urbanization, a growing demand for passenger and commercial vehicles, and stringent emission control regulations, according to a new forecast.
Sales of light-duty plug-in hybrid electric vehicles (PHEVs) in North America are expected to total nearly 7.4 million from 2015 to 2024, according to Navigant Research.
The number of electric vehicle (EV) charging stations worldwide is expected to grow to more than 12.7 million units by 2020 from more than 1 million units in last year.
The number of plug-in electric vehicles in use is projected to reach 12 million globally by 2023, while worldwide revenue from charging services is expected to increase to $2.9 billion from $152.6 million projected for this year, according to Navigant Research.
Despite the first upturn since November in average diesel prices this week, expect prices to move slightly lower at least for a while longer, according to the U.S. Energy Department and its latest Short-Term Energy Outlook released on Wednesday.
Sales of natural gas vehicles (NGVs) are expected to reach 3.9 million in 2024 from the 2.3 million sold in 2014, according to a report from Navigant Research.
Global sales of medium and heavy duty vehicles should reach 7.1 million by 2035 from the 4.3 million that should be sold in 2014, according to a new report from Navigant Research.
U.S. Diesel demand will peak in 2015 and decline by as much as 12.5% through 2030 according to a report by energy market research firm PIRA Energy Group.