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48 V micro-hybrid market will pass 7M vehicles in 2024

48 V micro-hybrid market will pass 7M vehicles in 2024

According to a new forecast by Lux Research, the likely 48 V micro-hybrid market will exceed 7 million vehicles in 2024, with the first adoption year beginning in 2015 and more focused on premium vehicles, in which cost sensitivity in order to reach regulation targets without sacrificing performance is lower.