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Global AFHV market expected to reach $614bn by 2022

Source: http://elizkhodro.com/en/

Source: http://elizkhodro.com/en/

The global alternative fuel and hybrid vehicle (AFHV) market is set to skyrocket to $614 billion (€564 billion) by 2022, growing every year by 13%, according to Autovista Intelligence.

The Allied Market Research (AMR) report projects that passenger vehicles will dominate, with the Asia-Pacific region taking the lion’s share (47% in 2015).

The AFHV market is led by electric and hybrid vehicles but also incorporates fuel cells (including hydrogen cars), gaseous fuels, biofuels and other alternative fuels.

Log onto Car and Us.com and get access to your technical data including fuel type, and interact/message other AFHV’s by registration.

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