Filed under: Cars and TransportationAll new cars will be hybrids, or have some degree of hybridization, by the year 2020, according to a recent report from the IBM Institute for Business Value. The report was based on interviews with 125 auto industry executives.
The next ten years will bring more change in the auto industry than the previous fifty, according to a European automaker executive interviewed.
According to coverage of the report on Wired, battery technology will be ubiquitous within 12 years. Investment in biofuels will continue, although ethanol from corn and other food crops is a "dead end" with cellulosic ethanol having the most potential. Fossil fuels will comprise just 65 percent of the market by 2020.
As for hydrogen cars, they aren't expected to make up more than a small fraction of cars by 2020 because the infrastructure is not expected to be in place any time soon. Read | Permalink | Email this | Linking Blogs | Comments


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