Project Report For Hybrid Electric Vehicle

Introduction

Project report for Hybrid Electric Vehicle is as follows.

A hybrid vehicle combines any two sources of electricity (energy). Diesel/electric, gasoline/flywheel, and fuel cell (FC)/battery are all possible pairings. One energy source is often the storage, while the other is the conversion of fuel to energy. Two distinct propulsion systems may be supported by the combination of two power sources. As a result, in order to be considered a true hybrid, the vehicle must have at least two sources of propulsion.

However, if the truck contains electrical energy storage to enable the second mode of operation, such as electrical assistance, it is classified as a hybrid vehicle.

These two power sources may be connected in series, which means that the gas engine charges the batteries of an electric motor that drives the automobile, or in parallel, which means that both mechanisms drive the car directly.

One of the primary reasons driving the market is the growing demand for fuel-efficient cars throughout the world. Furthermore, rising environmental awareness among customers is boosting market development. As a result, there has been a greater focus on the development of creative designs and modern technology to manufacture zero

Market potential & Strategy

A hybrid vehicle is powered by more than one source of energy. The most popular hybrid cars combine an internal combustion engine (ICE) with an electric motor. Hybrid cars are supposed to be more fuel-efficient, have greater power, and emit less pollution. 

These cars collect electrical energy generated by a variety of sources, including regenerative braking systems and engines. They may save energy by turning off the engine when the car is parked, idle, or when the energy of the electric motor is sufficient to move the vehicle without the help of the ICE.

The worldwide hybrid vehicle market is predicted to be 4,169 thousand units in 2018 and to increase at an 8.94 per cent CAGR from 2018 to 2025, reaching 7,593 thousand units by 2025. The market for hybrid cars is expanding as a result of stricter emission regulatory regulations and increased demand for low- or zero-emission vehicles.

As public knowledge of pollution grows, regulatory organisations are enacting more strict emission limits. The increasing stringency of car pollution standards is prompting OEMs to produce hybrid and electric vehicles.

Sample Report

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