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Hybrid Cars Market - Global Industry Analysis 2014 - 2020

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An increasing demand for alternative fuels has led to the growth of the hybrid car market, especially in the developing automobile hubs.  Hybrid vehicles provide efficient fuel options  when compared to conventional fuels such as petrol and diesel. The implementation of Kyoto Protocol is one of the motivating forces driving the adoption of vehicles running on alternative fuel sources. The increasing pace of adoption of vehicles running on alternative fuels has encouraged many major automobile companies to invest in developing new models for the hybrid car segment. Though there is a range of hybrid models available in the car market, Toyota Prius occupies the major market share in this market. Ford Fusion is another popular hybrid car model which is available in regions across the world. Currently, hybrid cars account for a small share of the overall automobile market, but the market for these cars is anticipated to increase in the future owing to their increasing efficienc...
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