IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027
Green Car Congress
DECEMBER 9, 2020
Hybrid electric vehicles (HEVs) have seen significant growth in sales over recent years, and the HEV market is set to increase in 2020 despite the implications of COVID-19 on the global automotive industry. The European car market is expected to see a significant drop in sales for 2020 due to COVID-19 related shutdowns.
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