02 March 2007 20:44 [Source: ICIS news]
ARLINGTON, Virginia (?xml:namespace>
Flex-fuel vehicles can run on gasoline or ethanol or combinations of both.
Elisio Contini, head of the strategic management office for the Brazilian Ministry of Agriculture, told the annual US Department of Agriculture outlook forum that
Contini said that in 2003, when the Brazilian government decided to stimulate flex-fuel auto sales, there were only 48,000 flex-fuel autos sold in the country. By 2004, that figure had climbed to 330,000 and reached 865,000 flex-fuel vehicles sold in 2005.
Last year flex-fuel vehicles reached sales of 1.45m units, Contini said, nearly 80% of all auto sales in the country.
“The driving force in the Brazilian ethanol market is the flexible-fuel vehicle,” Contini said.
Contini said that
Some 51% of
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|