8/3/2010 10:00:00 PM
New analysis from Frost & Sullivan, "Strategic Analysis of North American and European Hybrid Truck, Bus and Van Market," finds that the hybrid truck, bus and van market is expected to grow from 4.1 thousand units in 2009 to 222 thousand units by 2016. The products covered in this research service are: light commercial vehicles, medium commercial vehicles, heavy commercial vehicles and buses.
The hybrid commercial vehicles market in North America and Europe is fuelled by the benefits hybrids offer over conventional vehicles. Better fuel efficiency, lower emissions and fewer maintenance costs are all highly desirable features, especially in sprawling mega cities and increasingly congested urban clusters. In the short-term, incentives and federal grants are expected to propel the adoption of hybrids. [MORE]
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hybrid Clean Trucks study truck incentives