Today, the automotive industry is undergoing a period of global change — the transition to new types of fuel is solving environmental and economic problems. KAMAZ gas engine equipment has already become a popular mass-produced product. Customers first and foremost consider a vehicle’s fuel economy, which is obvious. Therefore, the sales volumes of gas-powered cars and buses will rapidly increase. This year we are launching exports — in the coming month the first batch of gas-powered vehicles will be delivered to Uzbekistan, where there are no problems with gas filling infrastructure — Sergey Kogogin, KAMAZ General Director .
Per the gas infrastructure development plan, gas consumption in China should reach 10% of all energy resource consumption by 2020. In 2017, China registered 6.8 million natural gas vehicles, of which 5.73 million run on compressed gas and 350,000 run on liquefied gas. In 2017, these cars consumed 12 billion cubic metres of gas. China ranks first in the world by the number of gas filling stations with 8400 stations throughout the country. The Chinese government has plans to switch to NGV fuel and water transportation. I believe that natural gas is an important way to address the environmental challenges China faces — Shanqing Lin, Deputy Administrator, National Energy Administration of the People's Republic of China.
At present, the world has 23 million gas-powered vehicles, and this should be moving up to 1.3 billion. The role of gas is growing in the transport segment. The fleet of electric cars is growing much faster. We need to do a lot of work. All analysts pay attention to three things. First, a change in the level of technology. Infrastructure is second and a critical factor [...] The third point is the price issue — Martin Fraenkel, President, S&P Global Platts Inc..