Alternative Profits Blog
Hybrid Motorcycles - Opportunities, Trends and Challenges
A hybrid motorcycle that uses two or more distinct power sources to move the vehicle, one of which is electric power. The generic term hybrid vehicles most commonly refers to hybrid electric vehicles (HEVs), which combine an internal combustion engine and one or more electric motors.Market Need
A personal transport vehicle that is less polluting, while at the same time travels long distances without the need for refilling or recharging.
Trends
• According to the company sources, Honda will begin releasing the hybrid motorcycles in the 2010, to be followed by electric motorcycles in 2011.
• A Nomura Research Institute (NRI) study estimates that the market for hybrid vehicles in Japan would rise to 2.2 million vehicles by 2012 and hybrid-related component market amounting to 760 billion yen.
• Remaining largely unaffected from the economic recession, sales of hybrid vehicles is forecast to grow at a CAGR of nearly 20% during 2009-2012, says RNCOS.
posted by Ecacofonix at
6:02 AM
Wednesday, August 26, 2009
0 Comments:
Post a Comment
<< Home