Ethanol To Dominate Fuel Market

Ethanol-based fuel is likely to power 75% of all light vehicles on Brazil's roads by 2020, Reuters has reported (citing the head of state-run oil company Petrobras, Jose Sergio Gabrielli). Brazil's National Association of Motor Vehicle Manufacturers (Anfavea) has estimated that sales of flex-fuel vehicles in 2008 reached 2,354,524 units compared with 1,424,112 sold in

To read the full article, please choose one of the following options: