CLNE is waiting for the ramp in 12L engines from Cummins. It is coming, just a lot slower than many on this board expected. Trucking fleets want the trucks, and will buy as many engines as Cummins can produce.
Lets look at a realistic roll-out schedule and the ramp up in fuel sales (GGEs); Cummins has said they expect 2000 engines in 2013, 7500 in 2014.
Week 1: 60 engines, consuming 300 GGE each: 18,000 GGE for the week
Week 2: 60 additional engines: total on road: 120 @ 300 GGE: 36,000 for the week
Week 3: 60 additional engines: total on road: 180 @ 300 GGE : 54,000 for the week
Week 4: 60 additional engines: total on road: 240 @ 300 GGE: 72,000 for the week
By week 12 (3 months) we have 720 engines on the road, each using 300 GGEs wk.
Thats 216,000 GGE a week or 11 million GGE a year. Can you not see the potential? CLNE has stations built, but not yet open due to lack of trucks. This will change over the next 6-12 months.
By the end of 2014 Cummins expects to have 9,500 engines on the road, each using 300 GGE a week, or 2,850,000 GGE a week, or 148,500,000 GGE a year. Not counting other product lines being added to the CNG/LNG consumption lines.
why would CLNE buy engines? they sell fuel. They don't operate the trucks. Trucking companies operate the trucks, and buy the fuel (often from CLNE stations) ENN operates less than 10 stations, all in Utah. I would guess trucking companies would like to operate in states other than Utah.
so there will be double thus year
paccar expects to lease 800 in the next year through Enn and of coarse some will buy and use.
Lets see ,who is building stations near the lease places .Enn
Ups plans to use their own stations
Oh I forgot clne just said what it will do
Open some stations they have not opened because not enough customers
Enn ,will have at least 30 stations built and owned 100% by them this year
They build and open
How is it enn builds and opens and clne builds and waits
Clne got 15 years at it here and Enn just started
Maybe clne should higher Enn
ENN has 5 open; CLNE has 14. I'd be willing to bet that CLNE finishes 2013 with more than ENN.
And UPS plans on using a combination of their own stations, and stations owned by others. UPS has hundreds of Hubs around the US, most of which do not have enough Class 8 tractors to justify the expense of building and operating their own NG station.
Frito Lay has made the decision to transition to NG, and will not be building any stations. In fact, Frito Lay has already chosen to use CLNE in two markets (neither of which ENN has a station)