Fleet Managers Focus on Hybrids to Cut costs and Reduce CO2 Emissions Says New Report

Sept. 22, 2009 - PRLog -- Report Buyer, the online destination for business intelligence for major industry sectors, has added a market report looking into hybrid and plug-in hybrid electric vehicles. Including cars, light trucks, and medium/heavy duty trucks

According to the report “Hybrid Electric Vehicles for Fleet Markets” available at http://www.reportbuyer.com/go/PIK00010 many companies are grappling with the need to both cut costs and reduce carbon emissions, and their vehicle fleets represent a significant portion of this challenge. Fleet managers are searching for the best ways to achieve both goals, thus driving further investigation of electric vehicles as an alternative to internal combustion engine vehicles. Hybrid electric vehicles (HEVs) offer lower emissions and better fuel economy - between 10% and 40% higher than comparable internal combustion vehicles. Plug-in hybrid electric vehicles (PHEVs) are the next step, potentially offering zero-emissions transportation depending on how far the vehicle travels.

Most fleet managers have already put together a business case that accounts for the lifetime costs of vehicles, including acquisition costs, fuel costs, maintenance, and residual value. However, only a few fleets are currently including a cost for emissions, though many recognise that this cost may be included in the near future. As all of these factors become increasingly important, and as commercial vehicle registrations and fleet sales rebound from the economic downturn in 2010 and beyond, the report anticipates that HEVs and PHEVs will become a major focus for fleet operators in key markets around the world.

The 63 page report provides an in-depth examination of the opportunities and challenges for HEVs and PHEVs in fleet markets around the world, including both light cars and trucks and the medium/heavy duty truck segments. The study provides a comprehensive review of key market growth drivers and business case considerations for fleet managers, along with a review of hybrid and battery technology issues. Detailed forecasts are included for the global vehicle market, HEV and PHEV sales (total and fleet), total commercial vehicle registrations and fleet sales by segment. Key market players are also profiled including automotive OEMs, heavy-duty truck and bus manufacturers, and key suppliers including battery manufacturers.

The report “Hybrid Electric Vehicles for Fleet Markets” is available from Report Buyer at:
http://www.reportbuyer.com/automotive/cars/hybrid_electri...

Report Buyer product ID: PIK00010

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