Alternative Fuel and Hybrid Vehicle (AFHV) Market to Reach $614 Billion, Globally, by 2022
Alternative Fuel and Hybrid Vehicle Market report, published by Allied Market Research, forecasts that the global market is expected to garner $614 billion by 2022, registering a CAGR of 12.9% during the forecast period 2016-2022. The passenger vehicle segment is estimated to dominate the market from 2016 to 2022. Asia-Pacific dominated the global market accounting for a market share of around 47% in 2015.
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