Analysts Predict 20% Of All Car Sold In US Will Be Hybrids By 2020

Demand for the fuel-efficient gasoline-electric vehicles will be spurred partly by stricter government regulation of carbon dioxide emissions in the United States and Europe, JPMorgan auto analysts wrote in their 88-page annual hybrid-vehicle report, released May 22.

Global hybrid-vehicle volume totaled 480,000 in 2008, accounting for a mere 0.7 percent of global sales. But business is seen swelling to 11.28 million in the next 12 years, with hybrids accounting for 13.3 percent of global sales, JPMorgan says.


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SteedPub - 5/27/2009 4:36:25 PM

+2 Boost

Not a shocking revelation really.

supermoto - 5/27/2009 5:47:19 PM

+1 Boost

So in 11 years from now, 80% of cars WON'T be hybrids.
Guess there is a good reason why.

commander104 - 5/27/2009 6:03:02 PM

+1 Boost

in other words: average joe homeowner is fine with electric lawn equipment however, for a lawn mowing business, they need gas b/c batteries don't last all day. So if we can't solve the lawn equipment battery issue we can't possibly begin to think of the cars.

XYZZ - 5/28/2009 9:20:05 AM

+1 Boost

supermoron demonstrates his fractured logic. aside from errorneously 'calculating' hybrid penetration, he fails to see the HUGE jump of 0.7 to 11.3% sales growth.

he likely would've been advising GM and chrysler that the asians 'miniscule' market penetration numbers were nothing to worry about.

t_bone - 5/27/2009 8:15:08 PM

+2 Boost

That's a ridiculusly low number, hybrids won't be anything like the current Prius crap in 10 years--they'll be ordinary cars, except much better.

t_bone - 5/28/2009 8:51:59 PM

+1 Boost

Lousy looks, lousy handling, and worst of all, an easy target for tech-hating motorheads.

We need perception-shifting vehicles like the Tesla. When people slam the Tesla, they just end up looking stupid.

2ndbimmer - 5/28/2009 12:43:30 PM

+1 Boost

I predict less than 20%. Vehicles will soon incorporate more turbos on 4 cylinder engines and produce more HP and TQ numbers on lighter vehicles and thus getting better gas mileage.
My 335i averages 25 mpg's. with technology advancing daily, this number could increase and i could still drive a vehicle that is fun. a hybrid vehicle has yet to be considered fun to drive.

2ndbimmer - 5/28/2009 12:47:52 PM

+1 Boost

this is also why it wont get to 20%
http://www.autospies.com/news/Toyota-Highlander-Hybrid-Becomes-A-Joke-NASCAR-Event-44389/