electric/hybrid

Global Hybrid Electric Vehicle (HEV) market worth $2.07 million in 2013

A new report from Visiongain forecasts rapid growth in the HEV market as consumers seek lower fuel costs and firms are compelled to decrease emissions
Global Hybrid Electric Vehicle (HEV) market worth $2.07 million in 2013

Hybrid technologies will increasingly be used to provide extra fuel efficiency, lower emissions and satisfy consumer demand for greener vehicles says the report. The rising price of oil along with the current global recession are making consumers more concerned about fuel efficiency while modern technologies can now provide solutions without lowering engine performance.

The report explains developing trends within the hybrid market with the aid of 71 tables, charts and graphs that add visual analysis. The report also provides forecasts for the period 2013-2023 with regard to unit sales (per million) for hybrid vehicles and penetration rate forecasts over the same period for conventional ICE including stop/start, mild hybrid, full hybrid and plug-in hybrids. There are 12 leading national hybrid vehicle market forecasts with analysis within the report and profiles of 17 leading companies operating within the hybrid market. The report also features an interview with Toyota/Lexus (GB) Plc.

The Global Hybrid Electric Vehicle (HEV) Market 2013-2023 should be of great interest to current and future potential investors as well as companies and research centres who wish to expand their knowledge of the hybrid vehicle market.

Further information:

Visiongain

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