JP Morgan study asserts that the boost in hybrid car sales around the globe will be spurred by the stricter government regulation of carbon dioxide emissions in the United States and the Europe Union as well as the falling production costs of hybrid drivetrains. According to the investment bank's analysts, whereas a complete hybrid system that includes the batteries, electric motor(s) and computer hardware adds on average $5,667 to a standard car's price today, by 2020 the cost is estimated to drop to just $1,890.
Via: ANE (Sub. Req.)