Pike Research forecasts accelerating hybrid locomotive sales from 2015-2020
Green Car Congress
OCTOBER 31, 2010
However, Pike expects hybrid locomotives to have a strong return on investment (ROI), as a result of the ability to use low-cost batteries. Nickel metal hydride (NiMH), a favorite for current hybrid automobiles, is unlikely to move into the locomotive space due to cost and competitiveness from other chemistries, Pike suggests.
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