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Hybrid Car Market Nearly Doubles

| Tuesday April 26th, 2005 | 0 Comments

hybrid_market.gifLed by Toyota’s venerable Prius, the Hybrid car market nearly doubled in 2004 from the year before. Despite the vehicles’ higher costs, government incentives combined with a surge in consumer awareness have continued to make hybrids the rising stars in the automotive marketplace. Some estimates suggest that within 10 years, hybrids will account for a third of all vehicles sold. Toyota and Honda are the clear leaders in the field; it remains to be seen if US car makers can join them with similar success. (AP via MyYahoo)


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