CLEAN DIESEL MARKET ANALYSIS
Low diesel prices, government subsidies, stringent environmental regulations are major drivers for growth of the clean diesel market. The major challenge faced by this market is the production of nitrous oxide. Efforts are being made to cope with this issue by the incorporation of advanced emission control technologies. One of the most notable downsides is that diesel tends to cost more than gasoline engines.
Restaints
The recent Volkswagen emissions scandal that was publicly revealed in 2015, has had a negative impact on the clean diesel market, in turn decreasing diesel vehicle sales.
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