As the awareness regarding the hazardous effect of carbon emission is increasing, the demand for compressed natural gas (CNG) and liquefied natural gas (LNG) commercial vehicle in growing. Manufacturer of the commercial vehicle continually trying out different technologies, in order to ensure that their commercial vehicles are not only safe but also green and efficient. The government of various region accepting CNG and LNG commercial vehicle as an alternative to both diesel and petrol until automakers design and develop an affordable and practical electric vehicle.
Also, the governments taking initiatives and increases thein investment to establish a suitable infrastructure, which drives the growth of CNG and LNG commercial vehicle market. The use of LNG in a passenger car is far less feasible, owing to an average passenger car stand idle more often; as a result, it gives rise to high evaporative losses. Whereas the use of CNG and LNG is a suitable option for large long-distance trucks because it is continuously traveling.
CNG & LNG Commercial Vehicle Market: Key Players
The key players involved in the CNG & LNG Commercial Vehicle market are AB Volvo, Beiqi Foton Motor Co., Westport Fuel Systems Inc., Navistar, Inc, PACCAR, Inc., Cummins, Inc., and others
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