Hybrids and Plug-in Hybrids will make be the bulk of profit for carmakers

Betting On Hybrids Until Electric Cars Are Mainstream

Carmakers bet everything on hybrid for the next 8 years until pure electric cars become the de facto solution.

It should come as no surprise that global carmakers see more of a profit in manufacturing hybrids instead of pure electric cars. After all, car companies are tooled to build internal combustion engines and a radical shift to electric vehicles, EVs would be cost prohibitive and would not suit everyone.

Ford And Toyota, Smitten With Hybrids. In a recent interview with Bloomberg, John Viera, Global Director of Sustainability and Vehicle Environmental Matters at Ford recently said the company’s pure electric vehicles could comprise as much as 25% of its sales by 2020. However, he also said the beef of the revenues will come from different hybrid systems, including plug-in hybrids, PHEV.

Hybrid Stepping Stone. Again, it makes sense for carmakers to tweak gasoline engines for hybrid platforms. Until electric cars become a daily reality and can increase their range, the internal combustion engine will be used with as little as possible fuel.

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