Results for tag: "Alternative Powertrain"

The Alternative Powertrain market is composed of Electric and Hybrid Vehicles. Electric Vehicles (EVs) are powered solely by electricity, while Hybrid Vehicles (HVs) combine a traditional internal combustion engine with an electric motor. EVs are becoming increasingly popular due to their low emissions and cost savings, while HVs offer a more cost-effective option for those who want to reduce their emissions. Both types of vehicles offer a range of benefits, including improved fuel economy, reduced emissions, and lower maintenance costs. The Alternative Powertrain market is growing rapidly, with more and more manufacturers offering EVs and HVs. Major players in the market include Tesla, Nissan, Toyota, Honda, and Volkswagen. Other companies, such as BYD, Hyundai, and Kia, are also making significant investments in the Alternative Powertrain market. Show Less Read more