HYBRID VEHICLES MARKET ANALYSIS
Global Hybrid Vehicles Market: Key Developments
In November 2022, Mitsubishi Motors Corporation announced availability of plug-in hybrid electric vehicle model of Outlander crossover SUV in the U.S. and Canada.
In October 2022, Korea Fuel-Tech Corporation announced the investment of US$10 billion in the construction of a novel plant for producing carbon canisters as well as hybrid vehicle fuel systems in Auburn, the. U.S.
In July 2021, XL Fleet and ARBOC of NFI entered into partnership for electrifying Freedom low floor buses from ARBOC with XL Hybrid electric propulsion system.
In July 2021, Mitsubishi announced plans to launch plug-in hybrid models of the Outlander having new-generation PHEV system. The vehicle will be launched in the U.S. in the second half of 2022.
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