Analyst Predicts More Hybrids, No Chinese Automakers in U.S. by 2030
John Murphy forecasts a shift toward hybrid vehicles in the U.S. auto market while dismissing expectations that Chinese carmakers will enter the country by the end of the decade.
The U.S. auto market is expected to see a significant rise in hybrid vehicle sales by 2030, according to predictions attributed to analyst John Murphy and reported by CNBC on Sept. 15.
Murphy's forecast comes amid growing speculation in the industry that Chinese automakers could soon begin selling vehicles in the United States. However, according to the report, Murphy does not expect Chinese entrants to break into the U.S. market by 2030.
The CNBC report did not provide additional details on the basis for Murphy's predictions or specify his professional affiliation.
CNBC did not immediately respond to a request for further comment on the report.
Sources
- U.S. auto market predictions for 2030: More hybrids, no Chinese entrants — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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