The Car and Truck Fleet and Leasing Management Magazine

Fleets to Purchase Nearly 4 Million Hybrids by 2015

November 17, 2009

BOULDER, CO - Cumulative sales of hybrid vehicles in the fleet sector will total nearly 4 million worldwide between 2009 and 2015, according to a recent report from Pike Research titled "Hybrid Electric Vehicles for Fleet Markets." The research company forecasts hybrid fleet sales will increase from 300,000 in 2009 to more than 830,000 in 2015.

"The biggest growth categories for fleet hybrids are medium/heavy duty trucks and buses," said managing director Clint Wheelock. "Manufacturers are beginning to turn their attention beyond light duty vehicles to the efficiency opportunities for hybrid drive in heavy trucks. For example, in North America nearly 10 percent of buses sold in 2015 will be hybrids."

North America will be the leading region in terms of hybrid fleet penetration, according to Wheelock, with hybrids reaching 8 percent of all fleet sales in the next five years. Early adopters will include government, university, and utility company fleets.

Pike Research's study, "Hybrid Electric Vehicles for Fleet Markets", analyzes the opportunities and challenges for HEVs and PHEVs in fleet markets around the world, including light cars and trucks as well as the medium-/heavy-duty truck segments. The study examines global growth drivers and business case considerations for fleet managers, and includes detailed 7-year market forecasts as well as profiles for key industry players. For more information, go to


Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Sutton Leasing was founded in 1989. The company leases cars, trucks, equipment, and provides fleet management services.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher