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Survey: Hybrid Electric Cars Likely To Attract 50 Million Potential Buyers

The plug-in hybrid electric vehicles (PHEVs) are likely to attract about 50 million drivers globally, said a survey by Ernst & Young’s Global Automotive Centre.

In a statement here Friday, Ernst & Young said over 25 per cent of the drivers surveyed across the US, Europe, China and Japan said they would likely consider buying PHEVs as soon as they were available on the market.

The survey said nearly seven per cent of the respondents indicated they would definitely consider buying a PHEV, it said.

“Applying each market’s percentage of those who said they would definitely buy to the number of registered drivers in each region results in a potential early adopter group of approximately 50 million drivers globally, over half of which are in China,” it said.


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