Tim Clark of Forbes writes that while many fleet managers are quickly transitioning to CNG vehicles, large scale conversions with the general population are “just around the corner.”
“According to [Landi Renzo's CFO David Kang], installing new Compressed Natural Gas (CNG) systems into new cars is as easy as it sounds; Landi Renzo sets up shop near car manufacturing plants and installs CNG technology into the cars as they roll off the assembly line. Making the switch to CNG sounds just as easy for vehicles already running on traditional gasoline.
“Take out the old tank, replace it with the CNG tank, make a few modifications under the hood, done,” said Kang.
Not surprisingly, companies like AT&T, Sempra Energy, Super Shuttle and logistics giant UPS are keeping Landi Renzo very busy as they expand their truck fleets to run on natural gas.
This begs the question: If fleet managers see the value of CNG when will the rest of the world?
According to Kang, widespread adoption is just around the corner. Landi Renzo alone has been selling over 1.5 million CNG systems per year, supplying most of the world’s car manufacturers. “So I expect original equipment manufacturers to be more involved in clean, alternative fuel solutions as this sector continues to grow and expand,” said Kang.
One recent example of CNG gaining further traction is Landi Renzo’s partnership with Ford Motor Company, as they recently announced Landi Renzo USA as a QVM (qualified vehicle modifier) developer and installer of CNG systems. In addition, General Motors is undergoing a joint venture partnership with Landi Renzo SpA to build a new state of the art R&D facility in Italy.”