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Demand for the usage of cars that run on alternative fuels including renewable energy sources, biofuels, and electricity has increased as a consequence of growing worries over the environmental harm caused by such a huge number of automobiles.
Military vehicle electrification involves fitting military vehicles with equipment that runs on electric motors, uses no gasoline, and emits very little to no carbon into the atmosphere. The global market for the electrification of military vehicles has expanded as a consequence of a rise in demand for a low-cost method of powering vehicles in the defense industry.
The Latin America Military Electric Vehicle market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A hybrid-electric Humvee will be unveiled by AM General at an expo soon. The vehicle, which the business intends to brand Humvee Charge, is introduced at a time when the military is becoming more and more interested in the benefits of hybrid electric vehicles.
The manufacturer is making a strong case that the National Guard is the best customer for the vehicle, pointing out that the capacity of the Humvee to export electricity from its onboard battery would be advantageous to the guard’s duty in disaster response.
The guard might utilize the hybrid Humvee to power buildings like residences or medical facilities, depending on the situation. The company claims that the fleet of old Humvees used by the guard has to be recapitalized.