Report Claims Every New Car Will Be a Hybrid By 2020

Report Claims Every New Car Will Be a Hybrid By 2020
gas2.0 - biofuels, oil, a revolution

Written by Andrew Williams
Published on August 18th, 2008
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A major new report has claimed that by 2020 all new cars sold will be hybrids of one form or another, and that battery technology will be commonplace in most cars.

The report, ‘Automotive 2020: Clarity Beyond the Chaos,’ (.pdf), written by IBM’s Institute for Business Value, is based on interviews with 125 anonymous car industry executives across 15 different countries.

The findings make it clear that the car industry is currently undergoing a period of radical and fundamental change. According to one respondent, an executive with a European car company, “In the next ten years, we will experience more change than in the 50 years before.”

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