Monthly Archives: March 2012

How DOE Loans Helped Bring CNG Taxis To The Streets

Vehicle Production Group, a Florida-based company that has brought to market a natural gas-powered van, thanks in part to a $50 million DOE loan. VPG’s MV-1 is being targeted at fleet managers, mostly taxi companies, who can afford to install their own CNG fueling structure. Built to be wheelchair accessible, I have already seen MV-1’s around my area in Connecticut, where both the Metro Taxi and Yellow Cab companies are rolling out fleets of the CNG vans to replace its aging collection of Crown Victoria cabs. Would VPG’s MV-1 have come to market without the DOE loan? Maybe. But it’s just as possible that it would have only developed the gasoline version, which it also offers. Other fleet operators are also seeing the benefits of CNG (low price, lower emissions, domestically produced) as a boon to their business. GM, Chrysler, and Ford now offer CNG versions of their pickup trucks, and even Republicans are in favor of developing CNG as an alternative to gasoline.