U.S. Hybrid and Electric Cars: Product Innovation and Differentiation to Create Growth Opportunities


Published on : Apr 18, 2018

Albany, New York, April 18, 2018: Growing concerns regarding increasing emission levels has led automotive manufacturers to equip the vehicles with gasoline engines and electric motors. Increasing inclination towards vehicles that operate on electric motors and gasoline engines has led to a surge in adoption of hybrid and electric vehicles in the U.S. A new report has been added to the repository of Market Research Hub (MRH) titled ‘Hybrid And Electric Cars-US-April 2018’, which offers valuable insights related to the impact of recent trends and development on the market.

Rising emission levels of CO2 has led to a surge in adoption of fuel-efficient vehicles in the U.S. In order to lower the emission level, government organizations such as Environmental Protection Agency (EPA) is designing effective programs and developing clean automotive technology. Leading automotive manufacturers based in the U.S. are also focusing on incorporating smart electric motors attributed to the lower risk of engine malfunction. In addition, incorporation of the intelligent electric motors in the electric and hybrid vehicles reduces financial losses and time investment.

To stay in the forefront of the competitive market, automotive companies are concentrating on incorporating innovative features such as regenerative braking system in a range of hybrid and electric automotive. Major manufacturers are also focusing on utilizing light-weight alternatives such as magnesium alloys, polymer composites, high-strength steel, and carbon fiber to offer improved efficiency in the vehicles. Through product innovation and differentiation, leading automotive companies are concentrating on attaining a competitive edge in the global market.

U.S. Hybrid and Electric Cars: Report Components

In-depth insights compiled in the report include an executive summary and a market definition. The executive summary provided in the overview of the report highlights major components and outcomes identified in the market, whereas the definition provides a strong basis for the understanding of the readers. The market definition and executive summary are followed by market segmentation, which offers the readers an analysis of the market in various parameters. This section of the report also offers analysis of the market in terms of region. On the basis of the regional analysis, the readers, investors, and stakeholders can get a better understanding of the market and make right investments.

Besides segmentation, the valuable insights provided in the report also offer imperative information pertaining to the competitive landscape of the market. Perspectives compiled in the report offer insights on the future and current market strategies adopted by major companies. Based on these insights, existing and new companies can understand the competitive landscape better and formulate informed strategies.

U.S. Hybrid and Electric Cars: Key Outcomes

Perspectives provided in the report offers in-depth insights on the factors fuelling adoption of hybrid and electric vehicles in the U.S. The report also compiles insights that provide perspectives on various marketing strategies adopted by the leading players to the readers. Based on the insights offered in the report, existing and new market players can make important investment decisions.

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