|
|
 |
|
Viewing report
|
|
|
|
Fuel Economy and Regulations to Drive Hybrid Car Market
Koncept Analytics, Sep 2007, Pages: 32
The invention of hybrid electric vehicles (HEV) has served the dual purpose of fuel economy and the growing demand for less polluting vehicles. The vehicles that run on gasoline incur high fuel costs for customers and the electric vehicles involve high initial investment, as they are much costlier. To deal with the situation, automobile manufacturers have invented the hybrid electric vehicle that runs on both gasoline and with electric motors.
Despite being in the market for the last ten years, hybrid cars still account for less than 2% of all new car sales. Europe has shown reluctance for adopting hybrid cars as only 0.2% of the total vehicles sold in Europe are hybrids. This is mainly because of the prominence and affordability of the diesel automobile.
Demand for hybrid cars are likely to increase significantly because of fuel efficiency with the price of gasoline increasing at an alarming rate. Regulations to curb emissions is also a shot in the arm for hybrid vehicle manufacturers as automobiles are one of the most polluting entities globally. Demands for hybrid vehicles are also likely to increase as various governments are offering tax incentives to stimulate the demand for hybrid vehicles.
Currently, three automobile manufacturers – Toyota, Ford and Honda control the overall global hybrid cars market. The dominance of these three players are likely to continue for the next three years with other automobile manufacturers like General Motors, DaimlerChrysler and Volkswagen being the late entrants to this lucrative market.
The report is a study on the hybrid car markets – the factors that are driving its growth and the challenges it is likely to face from alternative technologies. The report analyzed the three prominent markets for hybrid cars – United States, Europe and Japan. It also assesses the sales, strategies and plans of the three leading hybrid car manufacturers – Toyota, Ford and Honda. The future of the hybrid car market has also been studied in this report.
Customers who bought this item also bought
Hybrid Cars Market Outlook
Plug-in Hybrid Electric Vehicles
Hybrid And Pure Electric Cars 2009-2019
Hybrid Car Market Forecast to 2012
Hybrid Vehicles and Components Report 2008
Hybrid Vehicles and Components Report - 3rd Edition
Global Hybrid Car Market Forecast to 2010
Power Electronics in Electric & Hybrid Vehicles
Looking at Hybrid-Electric Light Vehicles
Global Market Analysis of Plug in Hybrid Electric Vehicles
Electric and Hybrid Vehicles in Asia Pacific
Clean Technology Series: Global Hybrid Electric Car Market Analysis and Forecasts to 2015
|
|
|
|
