DUBLIN--(BUSINESS WIRE)--The new research portal will provide visitors with the opportunity to browse a comprehensive collection of company reports on Hyundai, as well as in-depth market research and analysis of their activities in the automotive and automotive parts industries.
According to the World CNG and LPG Vehicle Market, the worldwide demand for CNG and LPG vehicles is skyrocketing owing to their economical nature and high efficiency as compared to traditional fuels, such as gasoline and diesel.
Due to the availability of the dual fuel option, these vehicles present an attractive option vis-à-vis reduction in running costs and elimination of range-related concerns. The State and federal governments of the U.S.A are enacting laws and providing incentives to help build and sustain a market for natural gas fuel and vehicles.
The initial cost of purchasing a natural gas vehicle is more than that of a gasoline vehicle; however, this cost is expected to reduce in the forecast period due to the increasing number of natural gas vehicle manufacturers.
“The new research portal provides up-to-date statistical and analytical information on Hyundai’s performance in the gasification market, and their activities in the wider automotive industry,” says Ross Glover, CEO of Research and Markets.
For more information visit http://www.researchandmarkets.com/companies/hyundai-motor-company?cid=vxdj6w
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