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22 May
15:30

Rising HEV, PHEV sales could beat forecasts: Goldman Sachs

With all-electric (BEV) sales momentum slowing globally, hybrid (HEV) and plug-in hybrid (PHEV) electric vehicles could perform better than expected, according to Goldman Sachs. “We believe global HEV sales could exceed the outlook by 1 to 2 million vehicles,” says analyst Kota Yuzawa. “While HEVs are viewed as transitional technology, we look for increasing focus on them to help reduce CO2 while maximising earnings and supporting investment in B…
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