
According to a report by Reportlinker, "electric vehicles will penetrate the market rapidly to constitute 35% of the cars made in 2025 - 25% hybrids, 10% pure EV."
Why will we get there? What will cause this big swing towards hybrid vehicles?
"Within the decade, it will be possible for some suppliers to offer hybrid cars and no price premium to conventional cars in the way that the Japanese took the Western car market by storm 20 years ago by offering excellent vehicles with most accessories thrown in free. There would then be no strong reason why anyone would want the conventional alternative."
This analysis is a bit more optimistic than a number of other reports out there.
What do you think? Will a Camry hybrid be priced almost the same as a conventional Camry within the decade?
Labels: Hybrid Vehicles
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