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Visiongain Forecast: This year's global hybrid car sales may exceed two million

August 29, 2023

According to Japan ’s NNA report, British Visiongain recently released a research report “2013-2023 Global HEV Market”, saying that the global hybrid vehicle market will reach 2.07 million units in 2013, because automakers are forced to reduce fuel costs Reduce carbon dioxide emissions. As hybrid technology is used more to improve fuel efficiency, reduce emissions, and meet consumer demand, Visiongain predicts that in the next 10 years, from 2013 to 2023, HEV sales will continue to grow.

The research report says that the hybrid vehicle market is growing, and it provides options to meet consumer demand and government emissions regulations. Rising oil prices and climate change have made consumers more aware of the importance of improving fuel efficiency. Advanced technology allows automakers to improve fuel efficiency and reduce emissions while maintaining engine performance.

Visiongain Forecast: This year's global hybrid car sales may exceed two million

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