- Report ID: BMRC 133 | Number of pages: 200 | Publish Date: Dec 2019
Status: Published | Category: Automotive And Transport | Delivery Timeline:
Plug-in Hybrid Electric Vehicle Market Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024
The forecast period 2018-2024 is expected to show significant growth in Global Plug-in Hybrid Electric Vehicle market. There will be a new resurgence in the sales and utilization of Plug-in Hybrid Electric Vehicle. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
A Plug-in Hybrid Electric Vehicles include an electric motor and a rechargeable battery pack in addition to an internal combustion engine. PHEV is smart alternative for conventional gasoline vehicles. Concerns about the future prices of petroleum products have been accompanied by rising worries over both the impact of global warming due to carbon dioxide emissions and the nation’s energy independence. The key advantages of Plug-in Hybrid Electric Vehicle compared to conventional Diesel or Gasoline vehicles is that they create less impact on the environment, provide reliability and also they are cost effective. Plug-in Hybrid Electric Vehicles being less complex are much more beneficial to their Diesel or gasoline counterparts. Several countries promote Plug-in Hybrid Electric Vehicle.
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Plug in Hybrid Electric Vehicle Market By Vehicle Type (Passenger Car and Light Commercial Vehicle), By Technology (Series, Parallel and Series-parallel), Industry Analysis, Trends, and Forecast 2018