2. Pike Research annual worldwide sales of pure electric, plug in hybrid and hybrid vehicles, collectively referred to as electric vehicles (EVs), will reach 3.8 million by 2020.
3. Pike Research projects sales of clean diesel vehicles, including light-duty vehicles and medium-duty trucks, will grow from just under 10 million in 2012 to almost 13 million in 2018. All told, nearly 80 million clean diesel vehicles will be sold worldwide from 2012 to 2018. Diesel vehicles that meet current U.S. and European Union standards have dramatically lower nitrogen oxide (NOx) and particulate matter emissions than 20 years ago, earning them the name “clean diesels.” A diesel vehicle typically gets 20% to 40% better fuel economy than a comparable gasoline gas.
A natural gas vehicle or NGV is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG) as a cleaner alternative to other fossil fuels. Natural gas vehicles should not be confused with vehicles powered by propane (LPG), which is a fuel with a fundamentally different composition. Worldwide, there were 14.8 million natural gas vehicles by 2011, led by Iran with 2.86 million, Pakistan (2.85 million), Argentina (2.07 million), Brazil (1.70 million), and India (1.10 million). The Asia-Pacific region leads the world with 6.8 million NGVs, followed by Latin America with 4.2 million vehicles. In the Latin American region almost 90% of NGVs have bi-fuel engines, allowing these vehicles to run on either gasoline or CNG.
Pike Research forecasts the worldwide market for light duty NGVs will grow steadily over the next 7 years, reaching 3.2 million vehicles sold in 2019. This will result in a cumulative total of 25.4 million light duty NGVs on the road by 2019.
5. Pike Research forecasts that annual sales of e-motorcycles and e-scooters will reach 18.6 million by 2018.
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