Total Number of Hybrid Electric Vehicle Sales in Passenger Car Market to Reach 2.07 million, Expects Visiongain01 Feb 2013 • by Natalie Aster
The global market for hybrid electric vehicles from 2013 to 2023 is set to grow as consumers across the globe seek to lower their fuel expenditure and manufacturers are compelled by regulation to decrease vehicle CO2 emissions. Hybrid vehicles and their electric drivetrains will become more commonplace and consumers will become more familiar with the technology. As they do so vehicle manufacturers will need to find ways to profitably sell these new technologies. According to the report “Global Hybrid Electric Vehicle (HEV) Market 2013-2023” by Visiongain, the internal combustion engine (ICE) will still be the dominant power source for vehicles but low emission ICEs, hybrid and electric vehicles will result in manufacturers taking a portfolio approach to vehicles.
Hybrid electric vehicles thus offer a solution to both economic and environmental challenges in the automotive sector. According to the report, the total number of hybrid electric vehicle sales in the passenger car market will reach 2.07 million in 2013.
Global Hybrid Electric Vehicle (HEV) Market 2013-2023
Published: January, 2013
Price: US$ 2,497.00
Visiongain consulted widely with industry experts and the report includes a full transcript of an exclusive interview with Toyota / Lexus GB Plc. As such, its reports have a unique blend of primary and secondary sources providing informed opinion. This approach allows insight into the key drivers and restraints behind macro-economic and industry developments, as well as identifying the technological issues. The report also presents a unique blend of qualitative analysis combined with extensive quantitative data including global and national markets forecasts from 2013-2023 - all highlighting strategic business opportunities.
More information can be found in the report “Global Hybrid Electric Vehicle (HEV) Market 2013-2023” by Visiongain.
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