No, there hasn’t been a government decree, and no, this not the proclamation of some automaker. Recently, IBM interviewed auto executives anonymously about the future of the industry, and came to the conclusion that, among other things, all or almost all new cars would be hybrids by the year 2020.
If it’s not apparent to you already, the report makes it even more obvious that the auto industry is changing rapidly. Not only has the Prius sold over 1 million units, but companies like Mitsubishi are already working on fully electric vehicles.
It seems like a bold statement to make, doesn’t it? Currently, there are very few new hybrids on the market, but in 12 short years we’re supposed to expect that every car will be a hybrid? Well, in my opinion, the industry is definitely moving in that direction. Even if there are a few conventional gas sports cars running around, the main takeaway from this report isn’t the conclusion, but more the impression from the top automotive executives.
Whatever the market looks like now, you can be sure that the people at the top are looking for change, and towards a market comprised of hybrids, electrics, and eco-friendly options.
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