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Hybrid Vehicle Sales to Zoom Fivefold in Five Years

As per the research report Low (Zero) Emission Vehicle Market (2012 – 2017) – By Degree of Hybridization & Type of Traction Battery Used – Global Forecast, Trends & Analysis, published by MarketsandMarkets, a Dallas-based research firm, the hybrids, plug-in hybrids, battery-electric vehicles and other genres of the electric vehicles would witness a sales jump of 30 percent this year alone. The sales would rise fivefold between the five years, 2011to 2017.

The statistics go as such: Last year the total sale is estimated to be $21.1 billion. This is predicted to be $27.5 billion in 2012. By 2017, it would be $103.1 billion.
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