IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027
Green Car Congress
DECEMBER 9, 2020
In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. Japan has historically been the strongest market for HEVs, with the likes of Toyota, Honda, and Nissan all playing significant roles.
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