The Key Players in HEVs Market in the US 2015-2019

Wednesday 29 July 2015, Amsterdam

The report recognizes the following companies as the key players in the HEVs Market in the US: Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Toyota Motor Corp. and Volkswagen AG

Other Prominent Vendors in the market are: Daimler, General Motors, Mazda, Mitsubishi and Nissan Motors

Commenting on the report, an analyst said: “Emergence of HEVs with remote monitoring systems is one of the key trends upcoming in the market. HEVs with remote monitoring systems enable consumers to map their location and set start and end points. This system also helps in navigating heavy traffic areas. HEVs are also equipped with a data acquisition system that helps in monitoring the abilities of drivers and this helps to reduce accidents.”

According to the report, the growing popularity of EVs plays a crucial role in propelling market growth. Increased marketing and awareness of the benefits of EVs in recent years have augmented the adoption of HEVs in the market.

Further, the report states that the high cost of HEVs is the key concern that curtails market growth. The cost depends on usage and operations. The advanced technologies and larger battery packs used in HEVs add to the high cost.
 
Hybrid Electric Vehicles Market in the US 2015-2019

Hybrid Electric Vehicles Market in the US 2015-2019

Publish date : July 2015
Report code : ASDR-210931
Pages : 84

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