Mexico Vehicular Natural Gas Said Major Growth Opportunity

With more than 50 million vehicles on Mexican roads, Andres Alfonso Bayona Insignares, President of the Mexican Association of Vehicular, Compressed and Liquid Natural Gas and Biogas, sees “a tremendous amount of development opportunities” for vehicular natural gas as a transitional fuel.

“Initially, we are focused on locating small niches in the market and, from my perspective, a niche we should target is the fleets of high consumption vehicles, such as buses,” Bayona told NGI’s Mexico GPI. “Some cities in Mexico are now starting to roll out fleets of buses required for mass transit that are using vehicular natural gas, which presents an important opportunity for growth. Additionally, there is a big opportunity in the market for tractor trailers” to convert to...