Oil prices have finally pushed demand for hybrid prices so much that all auto makers have been forced to invest some serious money into their hybrid ventures. Its no longer just a conceptual design that they are looking at but they want to get these cars on to the roads asap in order to satisfy demand.

So much so that battery makers for the hybrids as well as other manufacturers who have been until recently claiming that they need volumes to bring down prices are finally getting satisfied.

The only catch is that while prices will begin decreasing almost immediately ; its going to take upto a decade to see that huge 70% fall from todays pricing. Gasoline-electric systems on average will cost $1,919 each in 2018, compared with an estimated $5,869 this year as the global market grows 16-fold to 9.6 million units over the same period

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