Pike Research forecasts accelerating hybrid locomotive sales from 2015-2020
Green Car Congress
OCTOBER 31, 2010
Hybrid electric locomotive sales will have an increasing presence in global rail markets between 2015 and 2020, according to a new report from Pike Research. However, Pike expects hybrid locomotives to have a strong return on investment (ROI), as a result of the ability to use low-cost batteries. between 2015 and 2020).
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