Natural Gas – Conversions, Vehicles and Technology

Natural Gas Vehicle Sales Fall 6.5 Percent

March 27, 2015

Photo via Wikimedia.
Photo via Wikimedia.

Overall sales of natural gas vehicles (NGV) fell by 6.5 percent in 2014, according to a report from NGVAmerica.

While the NGV medium- and heavy-duty segments increased by 30 percent and 24 percent respectively, the NGV light-duty segment decreased by 34 percent. The light-duty decline came as a result of the dramatic decline in the price of oil in the second half of 2014 and its impact on light-duty NGV sales in the exploration and production sector, NGVAmerica said.

The medium- and heavy-duty segments experienced strong growth due to being made up of higher-fuel use applications that remain economically favorable.

Overall NGV production and sales are expected to hold steady or improve in 2015 as the price of oil rebounds, the report added.

NGVAmerica’s 2014 NGV Production/Sales Report provides NGV production/sales totals for the 2014 calendar year along with analysis of market trends for light-, medium-, and heavy-duty vehicles. A full copy of the report is available for free download on the NGVAmerica website.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Does anyone run a University fleet similar to ours? New Jersey City University has approximately 10,000 students, 1000 faculty & staff,...

View Topic

Hi everyone! Just wanted to remind you about fleetDOCs, our library of fleet-related documents. Users can upload any relevant fleet...

View Topic

Fleet Documents

1025 Fleet Documents (and counting) to Download!

Sponsored by

Charles Bowen has been retired from the transportation industry since Sept. 15, 2011.

Read more