A new survey released by J.D. Power & Associates says hybrid electric vehicle sales will exceed 500,000 units annually by 2008 and hit 872,000 by 2013. The 2003 Hybrid Vehicle Outlook predicts hybrids will account for 1% of the overall U.S. vehicle market by 2005, rising to 3% by 2009. By 2013, they will make up 5% of all vehicles sold. The most notable growth will be in the truck segment, where trucks are expected to account for 39% of all hybrid sales by 2005. The forecast is ...
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