26 May '12, 12am

Hybrid, plug-in vehicle sales will jump fivefold in five years, report says

MarketsandMarkets Global Low (Zero) Emission Vehicle Market Worth $103.13 Billion by 2017 DALLAS, May 25, 2012/PRNewswire/ -- According to a new market research report "Low (Zero) Emission Vehicle Market (2012 - 2017) - By Degree of Hybridization & Type of Traction Battery Used - Global Forecast, Trends & Analysis" published by MarketsandMarkets (http://www.marketsandmarkets.com), the global low emission vehicle market was valued $21.13 billion in 2011 and is expected to grow from $27.45 billion in 2012 to $103.13 billion by 2017 at an estimated CAGR of 30.3% from 2012 to 2017. 826.8 thousand low emission vehicle were shipped on a global level for 2011 and the number is expected to reach 3532.1 thousand units by 2017, at an estimated CAGR of 27.8% from 2012 to 2017. Browse 105 tables and in-depth TOC on "Low (Zero) Emission Vehicle Market (2012 - 2017) - By Degree of Hybri...

Full article: http://green.autoblog.com/2012/05/25/hybrid-plug-in-vehic...

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