Volatile Gas Prices, Environmental Concerns Spur Demand for Hybrid Electric Vehicle and Electric...

NewswireToday - /newswire/ - Mountain View, CA, United States, 10/08/2008 - Hybrid electric vehicles (HEVs) and electric vehicles (EVs) are part of the new breed of environmental friendly vehicles that accelerate the transition from complete dependency on oil-based fuels to advanced EV technology. Skyrocketing oil prices combined with concerns over tailpipe emissions increase the demand of HEV/EV vehicles and HEV/EV batteries. New analysis from Frost & Sullivan (powersupplies.frost.com), World Hybrid/Electric Vehicle Battery Markets, finds that the market earned revenues of over $710.9 million with a growth rate of 31 percent in 2007. If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the world hybrid/electric vehicle battery markets, then... [read full story]                    

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