North America expected to be the fastest growing market for hybrid system
The hybrid system market for north America is estimated to grow at the highest rate
during the forecast period. The increasingly stringent CAFE regulations have led to an
increase in the demand for hybrid and electric vehicles in the region. Thus, the region is
expected to see the fastest growth in the sales of hybrid and electric vehicles during the
forecast period. Hence, the market for hybrid system in north America is also expected
to grow in line with the growth of hybrid and electric vehicles.
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