The industry for the 48V mild hybrid is expected to go up from $28.5 billion in 2025 to $52.8 billion in 2034 at an 8.2% CAGR due to emission control, 8–12% actual saving in fuel efficiency, and costs of €1,500-2,500 as against full hybrid’s €4,500-6,200 and BEV’s €8,000-12,000.
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