All research publications of the Fuels Institute will represent the work product of the Fuels Institute alone, and will not be presented as reflecting the individual positions of any member of the Board of Advisors, the associated Task Group, or any organization helping to fund the research.
Innovation in the vehicles market is moving forward at a very rapid pace, but is that pace fundamentally changing the future composition of the fuels market? According to market forecasts completed for the Fuels Institute by Navigant Research, the answer is “yes,” but only to a limited degree. Within the next 10 years, alternative fuel drivetrains will gain market share. However, traditional petroleum-powered internal combustion engines will continue to dominate.
Date: November 01, 2013