*Definition: Mild hybrid vehicle market refers to the automotive industry segment focused on producing and selling vehicles that are partially electrified with mild-hybrid technology. These vehicles have small battery packs and electric motors that provide auxiliary power assistance to improve fuel efficiency but do not enable full electric-only driving ranges like regular hybrids or plug-in hybrids. Mild hybrid systems are integrated into traditional internal combustion engine vehicles to reduce emissions and boost fuel economy by a few miles per gallon through features like start/stop functionality, regenerative energy system.
Mild Hybrid Vehicle Market Report Snapshots
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