Global Low Emission Vehicle market to grow at a CAGR of 30.65 percent over the period 2012-2016

Global Low Emission Vehicle market to grow at a CAGR of 30.65 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in initiatives from governments across the world promoting low emission vehicles. The Global Low Emission Vehicle market has also been witnessing a reduction in the price of vehicle batteries in the coming years. However, the high cost of low emission vehicles could pose a challenge to the growth of this market.    
 

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