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