VEHICLE EFFICIENCIES TO GROW

Automotive Fuel Efficiency Technologies; Powertrain and Body Engineering Technologies for Improved Fuel Economy: Global Market Analysis and Forecasts

4Q 2014 (Navigant Research)

“Increasingly strict global standards to limit CO2 and other greenhouse gases [and financial penalties for failing to meet them] will be the most important factor that drives global automotive manufacturers to improve the fuel efficiency of their vehicles…[Other factors include rising liquid fuel costs and consumer demand. Global] new vehicle production is expected to increase slowly but steadily through 2025, especially in the Asia Pacific region. Although the use of alternative fuels and electric power is expected to continue growing, gasoline is anticipated to remain the leading fuel, with a strong trend toward stop-start vehicles. According to Navigant Research, global light duty vehicle (LDV) sales are expected to grow from 84 million in 2014 to 109 million in 2025…” click here for more

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