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STUDY - Points to Economic Edge for Heavy-Duty Natural Gas Vehicles
VANCOUVER, BRITISH COLUMBIA,CAN -CCNMatthews/Toronto,ON -July 26, 2005: -- Westport Innovations Inc., reports that a U.S. study released today shows that heavy-duty natural gas vehicles (NGVs) with 2010 technology will be cost-competitive with their diesel counterparts and markedly more affordable if crude oil prices remain high... The study, "Comparative Costs of 2010 Heavy-Duty Diesel and Natural Gas Technologies", indicates natural gas vehicles in refuse hauler, transit bus, and short-haul truck applications may have a significant advantage in life cycle costs over diesel counterparts if oil prices remain high. The study by TIAX LLC states that the expected slightly higher capital costs of NGVs will be offset by lower fueling costs over the life cycles of these vehicles...
posted by Unknown @ 11:45 AM
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