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Sunday, January 24, 2010

Electric Cars Dominated at Detroit Auto Show 2010

What if you can not get the required fuel for your vehicle after 10 years or say 20 years? That is the fear roaming around in the global auto industry and among the car enthusiasts. This fear was well reflected in the recent Detroit Auto Show 2010 where automakers brought their environment-friendly hybrid concept cars which would come into the market in the coming years.

Toyota presented its plug-in hybrids and battery electrics models which are expected to be hit the market in 2012. The Japanese auto makers also came up with hydrogen fuel cell vehicle model which is expected to come to the market in 2015. There are reports out in the media that oil demand could surpass supply in the next 20 years and that will be time people would have no other option expect hybrid cars.

Honda Insight gave a good challenge to Toyota’s dominance with Prius in the hybrid car market. Honda is now ready to roll out its 2010 CR-Z Sport Hybrid Coupe car which could make the competition more intense. The new Honda hybrid car focuses on both style and economy.

The good news is that some other big players like Volkswagen and Hyundai are also going to put their mark in electric car market in the near future. Car analysts think that in the next decade hybrid or electric car market would grow significantly and grab a big chunk of the whole auto industry.

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