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    FT: Bosch predicts gas-powered autos boom

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Summary

Bernd Bohr head of Bosch says the discovery of new gas deposits could mean that the US will become an emerging market for compressed natural gas powertrains.

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Press Notes

FT: Bosch predicts gas-powered autos boom

Discoveries of shale gas could lead to a surge in US demand for gas-powered vehicles, according to Bosch, the world’s biggest car parts supplier.

Until now the automotive industry has focused primarily on the gradual transition from petrol or diesel-fuelled cars to hybrid and fully electric vehicles.

But new, bountiful supplies of cheap natural gas in the US raise a tantalising third possibility – that cars and trucks could one day criss-cross the US using natural gas instead of petrol.  MORE