Hybrid share to increase to 7.4 percent by 2015
The biggest growth market will be China, but America will still have the largest hybrid fleet with a significant uptick in hybrid SUV and truck sales expected.
Worldwide, hybrids will make up 3.7 percent of the global fleet of light duty vehicles, while achieving 7.4 percent market penetration in the US. During this increase, fleet sales – for both hybrids and plug-in hybrids – are expected to be a big part of this increase in sales.
Obviously, battery-powered vehicles are a long way from dominating automotive sales, still a nice increase in hybrid pickup truck sales, which are almost non-existent today, is refreshing news.