While hybrids will get increased emphasis from carmakers and continue to grow steadily, standard engines will still represent the biggest share of the U.S. auto market, said Michael Omotoso, senior manager of global powertrain forecasts with Troy, Mich.-based LMC Automotive.
In 2015, LMC expects hybrids to make up 6.4 percent of the U.S. auto market, compared with less than 3 percent today.
All-electric vehicles, however, will make up just 0.6 percent. By 2020, hybrids will make up about 9.3 percent of the market and electrical another 1 percent, according to Omotoso.
Standard gasoline engines will continue to dominate the U.S. industry for at least the next 20 years, Omotoso said, in part because there are significant improvements already in the works for those cars, which sell for less than many hybrid and electric cars.
Watch an interview with Omotoso, along with videos of other speakers at the Plastics in Lightweight & Electric Vehicles conference.