According to Future Market Insights research, The plug-in hybrid electric vehicles (PHEV) market share is expected to grow at a robust rate of 18.5% over the duration of the forecast period. In 2022, the market will be worth US$ 69,720.5…
Tag: Plug-in Hybrid Electric Vehicles (PHEV) Market
A Plug-in Hybrid Electric Vehicle (PHEV) is a vehicle which comprises of internal combustion engine (IC Engine), electric motor, and a rechargeable battery. The PHEV can work even after their battery is emptied, by using IC Engine and can operate…