Low emission vehicles are expected to witness good growth as they are being accepted across the globe. Currently, low emission market is dominated by Full Hybrid Electric Vehicles (FHEVs) and expected to remain as market leader during the forecasted period. The market of North America is expected to be the biggest one for FHEVs. However, our research says that market for PHEVs and BEVs will develop at a faster rate due to governments' initiatives to develop charging infrastructure in battery technology.
The commercial auto (CV) industry faced challenging times in 2008-09 - decrease in freight and traveler traffic, lower shipping rates, difficulty in option auto finance, tighter assessment rules for financing - all on the again of the global financial trouble. market research reports The domestic CV revenue lowered by 21.7 % over the season before.
Electric vehicles just became exciting. For 111 years, electric cars that rely only on a battery - "pure EVs" - have had a range of only 30-50 miles and the humble golf car has been the only type selling in hundreds of thousands every year. However, huge changes have been announced in 2009/10.