CNG Vehicle Growth In China

From GNV Magazine:

China may have 1.5 million natural gas vehicles by 2015

November 30, 2012. China has the potential to become the world's largest market for natural gas automobiles with 1.5 million vehicles expected to hit the roads by 2015, according to experts.

While attending a natural gas auto forum in southwest China, Brenda Smith, a council member of the Asia Pacific Natural Gas Vehicles Association (ANGVA), said the world was ready to embrace an era of natural gas automobiles and China was leading the way.

Experts at the forum predicted as many as 1.5 million vehicles could be seen on the roads by 2015. China has more than one million natural gas automobiles on the road, and about 100.000 new vehicles are put into use each year.

China's natural gas automobiles will see robust growth in the next few years due to the economic and environmental advantages of natural gas, said Long Zezhi, a senior engineer in the petroleum and natural gas field.

Yao Mingde, honorary director of the China Road Transport Association, informed that China has already formed a complete industrial chain. It includes natural gas compression and liquefaction as well as its storage and transportation, and the manufacturing of natural gas cars and their parts and accessories.