By 2020 Toyota expects hybrid vehicles to be 20% of global car market
Takeshi Uchiyamada, a top engineer for car make Toyota, made some interesting predictions this week. He expects that hybrid vehicles, including extended-range plug-in hybrids, will become 20% of all global car sales by 2020.
You might be wondering what these predictions are based on. Well, the Toyota's executive vice president overseeing R&D and engineering pointed out that hybrid car sales are already 20% of annual vehicle sales in Japan, but that most of the developing world is at or below 10 % in hybrid sales. But obviously he believes that these markets will develop in the same way the Japanese market has.
Takeshi Uchiyamada, a top engineer for car make Toyota, made some interesting predictions this week. He expects that hybrid vehicles, including extended-range plug-in hybrids, will become 20% of all global car sales by 2020.
You might be wondering what these predictions are based on. Well, the Toyota's executive vice president overseeing R&D and engineering pointed out that hybrid car sales are already 20% of annual vehicle sales in Japan, but that most of the developing world is at or below 10 % in hybrid sales. But obviously he believes that these markets will develop in the same way the Japanese market has.
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