Type of paper: Essay

Topic: Vehicles, Hybrid, Cars, Market, Auto, Economics, Business, Acceptance

Pages: 1

Words: 275

Published: 2021/01/05

New WowEssays Premium Database!

Find the biggest directory of over
1 million paper examples!

Indicate your instructor’s name

Indicate the course number
Indicate the date of your essay submission
Can Hybrid Cars Be Popular in the Automobile Market?
Gerbis, Nicholas. “What is the Economic Impact of Hybrid Cars?” auto.howstuffworks.com.
InfoSpace LLC. 20 December 2010. 29 March 2015. <http://auto.howstuffworks.com/economic-impact-of-hybrid-cars.htm>.
Gerbis indicates hybrids are now a small percentage of automobiles manufactured and sold worldwide but hybrid models and production levels continue to increase. Legislation and international agreements can help hybrid development and acceptance in the marketplace. The U.S. Energy Information Administration (qtd. in Gerbis) projects that by 2035 several types of hybrids and other alternative fuel vehicles will achieve market parity and capture almost 50 percent of passenger car and light truck sales. Gerbis predicts that hybrid fuel savings will offset the costs of expensive repairs. Hybrid popularity is expected to increase as commercial fleets, rental car and taxi companies buy hybrid vehicles to meet new emission standards and fuel economy concerns. Gerbis negates some of the hybrids’ benefits writing it, “may be a difficult win for American auto companies now that China, which has historically lagged behind the United States and Japan in gasoline-powered vehicles, has thrown its full weight behind cornering the hybrid and electric market.” There are concerns about reducing greenhouse gas emissions. It is also important to know why hybrids sell and to whom. Ultimately, acceptance of hybrids will require a combination of automobile manufacturing, government and consumer acceptance to increase hybrid sales and popularity.
This article provides useful background information and indicates the many influences that affect hybrid sales and popularity. For now, the hybrid market remains a small part of a much larger market and is not likely to grow substantially for a while.

Works Cited

Gerbis, Nicholas. “What is the Economic Impact of Hybrid Cars?” auto.howstuffworks.com.
InfoSpace LLC. 20 December 2010. 29 March 2015.
<http://auto.howstuffworks.com/economic-impact-of-hybrid-cars.htm>.

Cite this page
Choose cite format:
  • APA
  • MLA
  • Harvard
  • Vancouver
  • Chicago
  • ASA
  • IEEE
  • AMA
WePapers. (2021, January, 05) Sample Essay On List Your Name. Retrieved October 15, 2021, from https://www.wepapers.com/samples/sample-essay-on-list-your-name/
"Sample Essay On List Your Name." WePapers, 05 Jan. 2021, https://www.wepapers.com/samples/sample-essay-on-list-your-name/. Accessed 15 October 2021.
WePapers. 2021. Sample Essay On List Your Name., viewed October 15 2021, <https://www.wepapers.com/samples/sample-essay-on-list-your-name/>
WePapers. Sample Essay On List Your Name. [Internet]. January 2021. [Accessed October 15, 2021]. Available from: https://www.wepapers.com/samples/sample-essay-on-list-your-name/
"Sample Essay On List Your Name." WePapers, Jan 05, 2021. Accessed October 15, 2021. https://www.wepapers.com/samples/sample-essay-on-list-your-name/
WePapers. 2021. "Sample Essay On List Your Name." Free Essay Examples - WePapers.com. Retrieved October 15, 2021. (https://www.wepapers.com/samples/sample-essay-on-list-your-name/).
"Sample Essay On List Your Name," Free Essay Examples - WePapers.com, 05-Jan-2021. [Online]. Available: https://www.wepapers.com/samples/sample-essay-on-list-your-name/. [Accessed: 15-Oct-2021].
Sample Essay On List Your Name. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/sample-essay-on-list-your-name/. Published Jan 05, 2021. Accessed October 15, 2021.
Copy

Share with friends using:

Please remember that this paper is open-access and other students can use it too.

If you need an original paper created exclusively for you, hire one of our brilliant writers!

GET UNIQUE PAPER
Related Premium Essays
Contact us
Chat now