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The global electric vehicle charging station market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,135 thousand units in 2021, at a CAGR of 15.5%.
Governments are supporting CNG and LPG vehicles through subsidies & tax rebates for using low emission vehicles and working in collaboration with such OEM s to speed up growth of their countries.
Increased demand for efficient and low emission vehicles along with government support will boost the CNG and LPG vehicle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. CNG and LPG vehicles use can reduce the operating cost of these vehicles. To make the CNG and LPG vehicle market grow, a continued support from the government will be needed along with the growing numbers of bi-fuel and dual fuel vehicle users and reduced initial cost of adding CNG and LPG options for the vehic
CHICAGO, March 3, 2021 /PRNewswire/ According to the new market research report "CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel
CNG & LPG Vehicle Market worth 4,389 thousand units by 2026 - Exclusive Report by MarketsandMarkets™ prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.