Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems
Green Car Congress
JANUARY 1, 2011
In DB’s Fall 2009 note, they had forecast 12% growth. Current prices have fallen from $650/kWh+ in 2009 to about $450/kWh now, and DB’s forecast is the price to fall at about a 7.5% Honda believes that hybrids will account for 23% of the market by the end of 2011. By mid-2Q, the team had increased its estimate to 25%.
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