The three-wheeled ANG vehicles are expected to be the fastest-growing segment of the automotive market with 200 million sales expected, most of them in Asia. Running these critters on natural gas seems like an affordable way to relieve some of the potential pollution that they will bring, although burning ANG still produces CO2.
The launch is organized in conjunction with the Department of Energy of the Republic of the Philippines and the Philippines National Oil Company Exploration Corporation. The event will take place the first day of the Energy Week planned by the Department of Energy. The Secretary of Energy and the CEO of Energtek will both make formal remarks at the event.
Energtek's technology addresses the two and three wheel vehicles market, which comprises the fastest growing segment of the world automotive market. Most of the vehicles in this segment, estimated at about 200,000,000 units, are in Asia. The conversion to Natural Gas provides significant economic advantages to the vehicles' owners, and at the same time provides significant environmental improvements through the reduction of harmful emissions.
