At the Geneva Auto Show almost all the automakers introduced their new hybrids and some announced plans to develop the hybrids because the consumers are demanding the gasoline electric powered cars as they are more fuel efficient than the other versions. In U.S, the percentage of market shared by hybrid vehicles increased from 2.4% to 2.7% last year, majority of the market is covered by Toyota Prius, Ford Fusion.
Porsche also introduced its new Cayenne S sports utility vehicle. PSA Peugeot Citroen SA is planning to launch Peugeot 3008, a plug in hybrids in 2012 and Citroen DS5 Hybrid as part of its goal to have one million cars in its fleet below 120 grams of carbon dioxide per kilometer (.6 mile) by 2012. Toyota also have plans to have a hybrid in every model by 2020.
BMW introduced a gas version of its 5 series models and new mini countryman at Geneva, and they are also on a hybrid 5-series that automatically switches to electric mode once the car leaves the highway.
The other automakers like Audi, Nissan, Chevrolet, Mitsubishi have plans for various hybrid and electric vehicles in their pipe line.
Auto makers are thinking that hybrids cars are the areas that they have to focus more in the coming years.