The Automotive Natural Gas Vehicle Market continues to demonstrate robust growth and heightened demand, driven by a combination of environmental concerns, regulatory support, and technological advancements. Recent developments underscore a promising trajectory for the industry, with significant expansions in market size and notable trends across applications and products. Market Growth and...

An automotive natural gas vehicle, or NGV, is a vehicle that uses liquefied natural gas (LNG) or compressed natural gas (CNG) as its main fuel source instead of traditional gasoline or diesel. NGVs, which include cars, trucks, buses, and other commercial vehicles, are renowned for having lower emissions. The global market for natural gas vehicles (NGVs) in the automotive industry is on the...