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Nearly 20 per cent of US cars will be hybrids by 2020 : Car Advice | News Blog

Nearly 20 per cent of US cars will be hybrids by 2020

May 29, 2009 by George Skentzos  




A new forecast published by JPMorgan predicts the global market for hybrid cars will grow more than 23-fold to 11.28 million vehicles by 2020 and will account for every one in five cars sold in the US.

Nearly 20% of US cars will be hybrids by 2020

This trend toward petrol-electric vehicles will be largely influenced by stricter government regulation of carbon dioxide emissions in the United States and Europe.

In 2008, more than 480,000 hybrid vehicles were sold worldwide, although this accounts for a mere 0.7 per cent of total global sales.

If this new report is accurate, this figure is set to swell to 13.3 percent in the next 12 years, making hybrids a must-have for all manufacturers.

This figure is expected to be even greater in the United States where hybrids have become the latest must-have accessory for those who want to quietly shout their dedication to the environment – accounting for 19.4 per cent of the market by 2020.

Along with tougher emissions regulations, affordability will also play its part with the falling cost of hybrid drivetrains also expected to make a contribution to the rise.

It is estimated the unit cost of a hybrid system – including the batteries, motors and computer hardware – added around $5,667 to a vehicle’s price tag in 2008.

JPMorgan expects this premium to drop to $1,890 by 2020, pricing hybrid vehicles more closely to traditional petrol-powered cars.

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Comments

37 Responses to “Nearly 20 per cent of US cars will be hybrids by 2020”
  1. lazybones says:

    For a second i though that was a HSV logon on the side of a Camry. Almost a coffee spraying moment!!!

    So by 2020 the other 75 will by hydrogen powered if you believe the H2 is going to work BS! Leaving 5% for jetsons style flying cars..

  2. Tom says:

    That is one hideous looking Camry. The front bumper looks completely out of proportion to the car. If you painted it blue with a grey front bumper it’d be Thomas the tank engine.

  3. Toxic_Horse says:

    They have destroyed Camry’s natural beauty :0P

  4. Supply & Demand says:

    This news post has gone some way to restoring my faith that society will progress. Hopefully now that the US government has forced GM to make socially responsible decisions we’ll see hybrid technology achieve the same economies of scale internal combustion engines currently enjoy.

  5. Marcoz says:

    FN lieing greenies….full of sheet world ending lies have caused most of this electric car bs…..

    IVE HAD IT….the thought of a hybrid ferrari as being told in stories a couple of days ago is the last straw…..their wont be exotic cars in 10 years time if the fn greenies dooms dayers have thier way…

    better by my maserati granturismo s now…..I WISH…

  6. Yanzo says:

    why didn’t they put that bodykit on the other camery’s?

  7. Supply & Demand says:

    Marcoz, I don’t think people should be denied the use of an internal combustion engine but for boring fleet cars like the camry whats the gain? Most Camry’s are driven by people that call a mechanic when their wiper blades need changing, would these people honestly complain if a couple of smoke producing cylinders were replaced with a battery? My point is that most people that purchase these type of vehicles tend to base their decisions on RRP and running costs and until governments offer incentives for consumers to change, internal combustion will continue to rule and the planet will get hotter and hotter.

  8. lazybones says:

    I think it looks pretty good for a Camry. It makes the car look like its actually got a pulse.

  9. Frontman says:

    Wow that is news! Great news for Ford Motor Company!! Considering that they are the ones with the highest growth rate of Hybrids in the states at the moment. Other brands are in negative growth at present.
    But more realistically, I reckon there is a bit of fuzzy logic going on here, considering that since the price per barrel dropped last year so has the uptake of Hybrids in their largest market.
    Also evidence to the fall in market acceptance is the (rather large) adjustment to the retail price of Prius MK3. Sure they blame some on Honda, but they were selling as a premium product and began to run out of takers.

  10. Phill says:

    Hybrid Clubsport Camry,I agree with Tom,the front looks out of proportion,maybe it needs larger side skerts,a big spoiler,RWD and replace the eletric motor with a turbo,that would make it better.

  11. Shak says:

    They have to keep the internal combustion engine as a symbol of human progression. Nah jus kiddin, i just want to make sure that i can burn as much fossil fuel in my V8 as possible.

  12. Tim says:

    Hot Camry.

  13. Captain Mainwaring says:

    “Destroyed Camry’s natural beauty?” Hell, that got me in stitches. If the Camry has natural beauty, then Susan Boyle’s about to appear in Penthouse.

  14. Bavarian Missile (.)(.) says:

    Quote ” Captain Mainwaring Says:
    May 29th, 2009 at 6:59 pm

    “Destroyed Camry’s natural beauty?” Hell, that got me in stitches. If the Camry has natural beauty, then Susan Boyle’s about to appear in Penthouse ”

    That was very good my big brother ,bet Susan Boyle drives a Camry too hahaha

  15. reality bite says:

    welcome to real world….you bogans and toyota bashers.

  16. Brett says:

    Im sure we will still be blessed with big heavy in efficient petrol Holden and Ford Lumps still. But then again hybrid Falcon?

  17. Wheelnut says:

    By 2020 The majority of cars may well be Hybrids – however by that time the advancements in hybrid-technology would have improved to the point that I very much doubt they will still be using the technology that Toyota STOLE…. infact I believe there are a number of major car companies looking more at Hydrogen; Lithium-Ion ore even or plug in [240V] power operation systems instead..

  18. reality bite says:

    Bored with childish behaviour.so much hates for the world’s number one car maker?.have you ever heard about the heart attack?
    a fair go mate.

  19. reality bite says:

    Like two-year-olds, people(bogans) who throw temper tantrums believe they are entitled to get their own way. They therefore feel free to abuse anyone who thwarts their desires.i believe The best response to a tantrum is no response at all. Stay quiet and calm until the tantrum thrower calms down enough to have a civilized conversation.Childish adults are annoying, but don’t get upset about them. Just be glad that you are a mature person yourself.welcome to TOYOTA WORLD.

  20. Miniskip says:

    Un-Reality Bite. How is what we “Toyota-Bashers” say about Toyota any different to the unfounded dribble that you Toyota Lovers – with your holier than thou attitudes repeatedly dish out in relation to Ford and GM-Holden? [or any other Car Manufacturer for that matter]

    As for Bogans… Is it our fault that unlike Toyotas; the locally built Holdens and Fords are reliable long lasting and easier/cheaper to run repair and maintain?

    As Wheelnut says I am yet to see a Locally built 1958 Toyota that is in original factory condition still running and still registered etc

  21. Toyo Boi says:

    reality bite/Sob/Soon/.Your are embarrassing the people that support Japanese cars.Nuff of your rants we have all had enough of you on this site.

  22. Cupid Stunt says:

    mmm Susan Boyle Centrespread.

    What about diesel hybrids, PAS group are testing Pug 3008’s as we speak with the veiw for production in 2011. Only the savvy Eurobods seem to appreciate petrol hbrids are a farce. They only achieve what todays deisels do already.

  23. Realcars says:

    If the predictions on global warming are correct any efficiency gains or pollution reduction due to Hybrids is going to mean diddly squat in the scheme of things anyway.

  24. Davo says:

    Many of these projections can fall short or be overtaken in the real world.
    By 2020 I would like to see the actual figure double the projected uptake with a long range plug in viable.
    I guess none of the assorted petrol heads here saw the battery change station demonstration?
    The car is driven is driven onto a ramp the battery pack under the car is removed & replaced with a freshly charged one in seconds. Mechanically exwcuted with no manual handling.You sign a contract with a supplier just as you do for mobile phones,utilities etc.Why not??

  25. The Realist says:

    Anyone see the article in SMH yesterday about how Holden has not made a profit in 5 years?

  26. Wheelnut says:

    Davo says “I guess none of the assorted petrol heads here saw the battery change station demonstration?
    The car is driven is driven onto a ramp the battery pack under the car is removed & replaced with a freshly charged one in seconds.”

    I saw a video of it a couple of months ago.. it was fairly inmpressive. So what type of car will you be driving in the future Davo..? Makita; Bosch; DeWalt; Hitachi; or Ryobi?

  27. The Salesman says:

    I thought stop / start technology put hybrids into the dark ages?

  28. Another Rubbish Ford Recall says:

    Woohoo.. here we start again. All those toyota bashers have gone f themselves and eaten their own sh!t and come back for more! Gotta love abusing them.

  29. Tom says:

    Wheelnut Says: “So what type of car will you be driving in the future Davo..? Makita; Bosch; DeWalt; Hitachi; or Ryobi? ”

    All those brands would aspire more confidence in me then anything from the U.S owned local brands….

  30. Bavarian Missile (.)(.) says:

    Quote ” All those brands would aspire more confidence in me then anything from the U.S owned local brands…. ”

    Um Tom you do know DeWalt is an American brand.

  31. Wheelnut says:

    Tom despite whether the companies such as Makita; Bosch; DeWalt; Hitachi; or Ryobi are Japanese German ir American – the majority of their products are actually made in factories china [in some cases the same factory] which produce huge volumes of tools everyday – which is why they look the same and have similar features.

    The difference as to whether or not a Dewalt Drill is better than a Ryobi [apart from personal preference] is the Quality control policies implemented by management of the respective companies..

    The better quality control the better the quality the product the better quality thr oproduct the better the companys name reputation or image the better the image the higher the price.. so you get what you pay for

  32. o says:

    id say boyle drives an avensis

  33. Abscess says:

    A front bumper like that on a hybird Ultimate Tryhard.LOL this proves my point.anti spam word Toyota LOL

  34. Alex says:

    Supply & Demand, I read your post and have read other posts from you on this website and although you are obviously entitled to your own opinion, I just wanted to write that I think you are one of the least intelligent people ever to have left a comment on CA.
    More hybrids is the last thing we need. All they are is a quick fix. They still use oil and the effects that the batteries will have on the environment in thirty years if they are selling them in millions every year will be diabolical. They still need to be engineered as well and engineering costs money, money that could go into hydrogen production.
    Your comment has gone some way to me losing faith in that people were starting to realise that most petrol cars will get pretty close to a hybrid’s economy anyway and diesels often surpass it without the batteries.

    This news post has gone some way to restoring my faith that society will progress

  35. Alex says:

    Sorry. Accidentally pressed Submit Comment.

    Supply & Demand, I read your post and have read other posts from you on this website and although you are obviously entitled to your own opinion, I just wanted to write that I think you are one of the least intelligent people ever to have left a comment on CA.
    More hybrids is the last thing we need. All they are is a quick fix. They still use oil and the effects that the batteries will have on the environment in thirty years if they are selling them in millions every year will be diabolical. They still need to be engineered as well and engineering costs money, money that could go into hydrogen production.
    Your comment has gone some way to me losing faith in that people were starting to realise that most petrol cars will get pretty close to a hybrid’s economy anyway and diesels often surpass it without the batteries.

    “This news post has gone some way to restoring my faith that society will progress”. That is just such a silly way to think about hybrids. They are not progress, they are taking us back!

  36. Falcodore says:

    Seen a Prius drive past my place the other week. And the idiot driver threw his cigarette butt out the window which, during the recent floods would have washed down the drain, into the river and out to sea, where some poor, unsuspecting sea creature, thinking its a bug floating on the surface of the water, would have eaten it and probably choked to death.

    Now isnt that the height of hypocrisy, and from a Toyota driver too. Who would of thunk it. ;)

    My point is, a lot of people who drive a hybrid probably dont really care about the environment, they just want to “be seen to be green.”

  37. Alex. I recently attended a presentation on hybrid vehicles where I was assured the batteries were recycled at the end of their life so you can sleep easy. I’m not offended that you’ve labelled me one of the “least intelligent people ever to leave a comment on CA” because given your comment on engineering costs and hydrogen your obviously very young with little or no concept of reality or consequence. Perhaps next time your feeling emotional and angry think about using your inside voice.

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