Sport utility vehicle

Hybrid Fleet Vehicle Sales Expected to Soar

New research by Pike Research forecasts that the number of hybrids fleet vehicles will reach nearly 750,000 by 2015.  Pike’s study, Hybrid Electric Vehicles for Fleet Markets, concludes that the global market for HEV light-duty vehicles in the fleet sector will “increase at a compound annual growth rate of 17.5 percent during the years from 2010 to 2015, with vehicle sales surpassing 740,000 per year by the end of that period.”