Latest Report On The CNG Vehicle Market in Latin America 2011-2015
The Compressed Natural Vehicle market in Latin America is expected to reach 6.8 million units by 2015. One of the key factors contributing to this market growth is the cost advantage of using compressed natural gas. The Compressed Natural Vehicle market in Latin America has also been witnessing an increasing number of bi-fuel vehicles. However, the high cost of CNG vehicles poses the biggest challenge in the Compressed Natural Vehicle market in Latin America.
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