Clean Energy Fuels Corp (CLNE) focuses its strategy on providing natural gas to high-fuel-use fleet vehicles used in airports and by transit agencies, says Andrew J. Littlefair, Co-Founder, President and Chief Executive Officer of Clean Energy Fuels Corp.
“We target airports, and that segment is growing about 30% a year. We’re now at 35 airports — that’s taxicabs and airport shuttles and hotel shuttles, that kind of thing. That is one of our core markets, it’s grown well,” Littlefair said.
In addition to the airport segment, CLNE continues to fuel transit agencies around the U.S., though this market has slowed because buses are kept for a longer period of time, says Littlefair.
“The earliest and fastest adopters were transit agencies, such as L.A. Metro or DART, Dallas Area Rapid Transit, or similar transit agencies. Today about 30% of all the transit buses in the United States are on natural gas,” Littlefair said.
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