https://www.maximizemarketresearch.com/market-report/global-hybrid-vehicle-market/16940/ The growing demand for battery electric cars (BEVs) and fuel cell electric vehicles will be one of the major challenges for hybrid vehicle proliferation (FCEVs). There are many different models and types of BEVs in the passenger car category, including hatchbacks, sedans, and SUVs. BYD (China), Tesla (USA), and Volkswagen (Germany) are among the automakers that are prioritizing BEV development. FCEVs features a long-range, fast recharging, silent operating, and no greenhouse gas or air pollution emissions. As a result of these benefits, demand for FCEVs is increasing. Also, governments are taking steps to promote and encourage the use of fuel cells in transportation, which could increase the demand for fuel cells in the automotive and transportation sectors. Because of the government initiatives and support, hybrid vehicles provide huge prospects for expansion in emerging country markets (e.g., incentives in sales and manufacturing, tax rebates, and increased focus on deploying hybrid commercial vehicles). Incentives of around USD 446 are available from the Indian government for the purchase of hybrid and electric automobiles in India. By lowering the tax rate on hybrid vehicles such as plug-in hybrids, hybrid electric vehicles, and CNG hybrids, the Brazilian government is encouraging their purchase. Tata Motors has been granted a contract by the Mumbai Metropolitan Region Development Authority (MMRDA) in India to provide 25 Tata Starbus Diesel Series Hybrid Electric Buses.