Industry Reports
Global Hybrid & Electric Vehicles Report
Freedonia’s Global Hybrid & Electric Vehicles market research report thoroughly examines the 33.1 million unit global HEV industry – an industry that continues to grow rapidly amid aggressive electrification targets.
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Report Overview
Regulatory Support Driving Rapid Gains for Both Hybrid and Electric Vehicles
Battery electric vehicles will account for the majority of global HEV sales gains through 2030, but hybrid vehicles will also continue to achieve strong growth. Challenges with meeting ambitious emissions reduction targets will allow regulatory support for transitional hybrid vehicle technologies to persist longer than was expected in the early 2020s.
Key Themes Covered in this Report:
- EU market development amid 2025-2026 regulatory uncertainty
- US supplier responses to dwindling EV subsidies
- Impacts of Chinese automaker expansion into foreign markets
Featuring 128 Tables & 81 Figures!
- Executive Summary
- Figure 1-1. Global Hybrid & Electric Vehicles (HEVs) Market
- Short Term Analysis
- Global Economic Outlook
- Table | Global Gross Domestic Product by Region & Country, 2023 - 2027 (billion 2023 dollars)
- Short-Term Hybrid & Electric Vehicles Market Trends (2023-2027)
- Table | Annual Global Hybrid & Electric Vehicle Demand by Product, 2023 - 2027 (thousand units)
- Table | Annual Global Hybrid & Electric Vehicle Demand by Vehicle Type, 2023 - 2027 (thousand units)
- Figure 2-1. Annual Global Hybrid & Electric Vehicle Demand Growth by Powertrain, 2023 - 2027 (% annu
- Global Economic Outlook
- Overview
- Study Scope
- Figure 3-1. Hybrid & Electric Vehicles: Product Examples
- Historical Market Size & Growth Drivers
- What Factors Impact Hybrid & Electric Vehicles Market Growth?
- What Causes Regional Variations in Hybrid & Electric Vehicles Use?
- Global Hybrid & Electric Vehicle Demand (2015-2025)
- Table | Global Hybrid & Electric Vehicle Demand, 2015 - 2025 (thousand units)
- Figure 3-2. Global Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Regional Overview
- Global HEV Demand by Region
- Table | Global Hybrid & Electric Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Table | Annual Global Hybrid & Electric Vehicle Demand by Region, 2022 - 2029 (thousand units)
- Figure 3-3. Global Hybrid & Electric Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousa
- Largest HEV Country Markets
- Figure 3-4. Largest Hybrid & Electric Vehicle Markets, 2025 (thousand units)
- Fastest Growing HEV Country Markets
- Figure 3-5. Fastest Growing Hybrid & Electric Vehicle Markets, 2025 - 2030 (% CAGR)
- Hybrid & Electric Vehicles in Use
- Table | Global Hybrid & Electric Vehicles in Use by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Table | Annual Global Hybrid & Electric Vehicles in Use by Region, 2022 - 2029 (thousand units)
- Figure 3-6. Global Hybrid & Electric Vehicles in Use by Region, 2015, 2019, 2025, 2030, &2035 (milli
- HEV Production by Region
- Table | Global Hybrid & Electric Vehicle Production by Region, 2015, 2019, 2025, 2030, &2035 (thousand units
- Table | Annual Global Hybrid & Electric Vehicle Production by Region, 2022 - 2029 (thousand units)
- International Trade
- Table | Global Hybrid & Electric Vehicle Net Exports & Sales from Inventory by Region, 2015, 2019, 2025, 203
- Table | Annual Global Hybrid & Electric Vehicle Net Exports & Sales from Inventory by Region, 2022 - 2029 (t
- Figure 3-7. Global Hybrid & Electric Vehicle Net Exports & Sales from Inventory for Selected Countri
- Global HEV Demand by Region
- Competitive Powertrain Overview
- Table | Global Powertrain Share of Motor Vehicle Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Table | Annual Global Powertrain Share of Motor Vehicle Demand, 2022 - 2029 (thousand units)
- Figure 3-8. Global Motor Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- Product Overview (Hybrid vs. All-Electric)
- Table | Global Hybrid & Electric Vehicle Demand by Product Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Table | Annual Global Hybrid & Electric Vehicle Demand by Product Type, 2022 - 2029 (thousand units)
- Figure 3-9. Global Hybrid & Electric Vehicle Demand by Product Type, 2015, 2019, 2025, 2030, &2035 (
- Vehicle Types (Light & Medium/Heavy)
- Table | Global Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Table | Annual Global Hybrid & Electric Vehicle Demand by Vehicle Type, 2022 - 2029 (thousand units)
- Figure 3-10. Global Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035
- Pricing Trends
- Study Scope
- Factors Impacting HEV Demand
- Global Motor Vehicle Outlook
- Demand by Region
- Table | Global Motor Vehicle Demand by Type & Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Figure 4-1. Global Motor Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Production by Region
- Table | Global Motor Vehicle Production by Type & Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Figure 4-2. Global Motor Vehicle Production by Region, 2015, 2019, 2025, 2030, &2035 (thousand units
- Motor Vehicles in Use
- Table | Global Motor Vehicles in Use by Vehicle Type & Region, 2015, 2019, 2025, 2030, &2035 (million units)
- Figure 4-3. Global Motor Vehicles in Use by Region, 2015, 2019, 2025, 2030, &2035 (million units)
- Demand by Region
- Regulations
- Emissions Restrictions
- Renewable Energy Trends
- Rebates & Incentives
- Technology Advances
- Powertrains
- Table | Comparison of Hybrid & Electric Powertrain Types
- Batteries & Energy Storage
- Autonomous Vehicles
- Powertrains
- Commercialization Issues & Challenges
- Changing Infrastructure
- Safety Concerns
- Driving Range Concerns
- Vehicle Efficiency & Sustainability Comparisons
- Artificial Intelligence (AI)
- Global Motor Vehicle Outlook
- Hybrid Vehicles
- Scope & Product Description
- Figure 5-1. Hybrid Vehicles: Product Examples
- Regional Trends
- Hybrid Vehicle Demand by Region
- Table | Global Hybrid Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Hybrid Vehicle Production & Trade by Region
- Hybrid Vehicle Demand by Region
- Vehicle Trends (Light vs. Medium-/Heavy-Duty)
- Table | Global Hybrid Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Powertrain Trends
- Demand by Powertrain
- Table | Global Hybrid Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Full Hybrid
- Table | Global Full Hybrid Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Plug-In Hybrid
- Table | Global Plug-In Hybrid Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Demand by Powertrain
- New Product Development
- Leading Suppliers
- Scope & Product Description
- All-Electric Vehicles
- Scope & Product Description
- Figure 6-1. All-Electric Vehicles: Product Examples
- Regional Trends
- Electric Vehicle Demand by Region
- Table | Global Electric Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Electric Vehicle Production & Trade by Region
- Electric Vehicle Demand by Region
- Vehicle Trends (Light vs. Medium-/Heavy-Duty Vehicles)
- Table | Global Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Power Sources
- Demand by Power Source
- Table | Global Electric Vehicle Demand by Power Source, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Battery
- Table | Global Battery-Powered Electric Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand un
- Fuel Cell
- Table | Global Fuel Cell-Powered Electric Vehicle Demand by Vehicle Type & Country, 2015, 2019, 2025, 2030,
- Demand by Power Source
- New Product Development
- Leading Suppliers
- Scope & Product Description
- Light Hybrid & Electric Vehicles
- Scope & Product Description
- Figure 7-1. Light Hybrid & Electric Vehicles: Product Examples
- Light HEV Demand by Region
- Table | Global Light HEV Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Vehicle Trends
- Powertrain Trends
- Demand by Powertrain
- Table | Global Light HEV Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Hybrid Light Vehicles
- Table | Global Hybrid Light Vehicle Demand by Type & Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- All-Electric Light Vehicles
- Table | Global All-Electric Light Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Demand by Powertrain
- Leading Suppliers
- Scope & Product Description
- Medium-/Heavy-Duty Hybrid & Electric Vehicles
- Scope & Product Description
- Figure 8-1. Medium-/Heavy-Duty Hybrid & Electric Vehicles: Product Examples
- Medium-/Heavy HEV Demand by Region
- Table | Global Medium-/Heavy-Duty HEV Demand by Region, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Vehicle Trends
- Powertrain Trends
- Demand by Powertrain
- Table | Global Medium-/Heavy-Duty HEV Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Hybrid Medium-/Heavy-Duty Vehicles
- Table | Global Hybrid Medium-/Heavy-Duty Vehicle Demand by Type & Region, 2015, 2019, 2025, 2030, &2035 (tho
- All-Electric Medium-/Heavy-Duty Vehicles
- Table | Global All-Electric Medium-/Heavy-Duty Vehicle Demand by Region, 2015, 2019, 2025, 2030, &2035 (thou
- Demand by Powertrain
- Leading Suppliers
- Scope & Product Description
- North America
- North America: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 9-1. North America: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 9-2. North America: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- North America: Supply & Demand
- Table | North America: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand un
- North America: Demand by Powertrain
- Table | North America: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousa
- North America: Demand by Vehicle Type
- Table | North America: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thou
- North America: Leading Suppliers & Electric Vehicle Market Share
- Figure 9-3. North America: Electric Vehicle Market Share by Company, 2025 (units)
- United States
- United States: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 9-4. United States: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 9-5. United States: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- United States: Supply & Demand
- Table | United States: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand un
- United States: Demand by Powertrain
- Table | United States: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousa
- United States: Demand by Vehicle Type
- Table | United States: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thou
- United States: Leading Producers
- United States: Hybrid & Electric Vehicles Market Size & Historical Trends
- Canada
- Canada: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 9-6. Canada: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 9-7. Canada: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Canada: Supply & Demand
- Table | Canada: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Canada: Demand by Powertrain
- Table | Canada: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand unit
- Canada: Demand by Vehicle Type
- Table | Canada: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand un
- Canada: Leading Producers
- Canada: Hybrid & Electric Vehicles Market Size & Historical Trends
- Mexico
- Mexico: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 9-8. Mexico: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 9-9. Mexico: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Mexico: Supply & Demand
- Table | Mexico: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Mexico: Demand by Powertrain
- Table | Mexico: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand unit
- Mexico: Demand by Vehicle Type
- Table | Mexico: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand un
- Mexico: Leading Producers
- Mexico: Hybrid & Electric Vehicles Market Size & Historical Trends
- North America: Hybrid & Electric Vehicles Market Size & Historical Trends
- Central & South America
- Central & South America: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 10-1. Central & South America: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 10-2. Central & South America: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Central & South America: Supply & Demand
- Table | Central & South America: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (t
- Central & South America: Demand by Powertrain
- Table | Central & South America: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &20
- Central & South America: Demand by Vehicle Type
- Table | Central & South America: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &
- Central & South America: Leading Suppliers & Electric Vehicle Market Share
- Figure 10-3. Central & South America: Electric Vehicle Market Share by Company, 2025 (units)
- Central & South America: Hybrid & Electric Vehicles Market Size & Historical Trends
- Western Europe
- Western Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-1. Western Europe: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-2. Western Europe: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Western Europe: Supply & Demand
- Table | Western Europe: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand u
- Western Europe: Demand by Powertrain
- Table | Western Europe: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thous
- Western Europe: Demand by Vehicle Type
- Table | Western Europe: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (tho
- Western Europe: Leading Suppliers & Electric Vehicle Market Share
- Figure 11-3. Western Europe: Electric Vehicle Market Share by Company, 2025 (units)
- Germany
- Germany: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-4. Germany: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-5. Germany: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Germany: Supply & Demand
- Table | Germany: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Germany: Demand by Powertrain
- Table | Germany: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Germany: Demand by Vehicle Type
- Table | Germany: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand u
- Germany: Leading Producers
- Germany: Hybrid & Electric Vehicles Market Size & Historical Trends
- United Kingdom
- United Kingdom: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-6. United Kingdom: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-7. United Kingdom: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- United Kingdom: Supply & Demand
- Table | United Kingdom: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand u
- United Kingdom: Demand by Powertrain
- Table | United Kingdom: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thous
- United Kingdom: Demand by Vehicle Type
- Table | United Kingdom: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (tho
- United Kingdom: Leading Producers
- United Kingdom: Hybrid & Electric Vehicles Market Size & Historical Trends
- France
- France: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-8. France: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-9. France: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- France: Supply & Demand
- Table | France: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- France: Demand by Powertrain
- Table | France: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand unit
- France: Demand by Vehicle Type
- Table | France: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand un
- France: Leading Producers
- France: Hybrid & Electric Vehicles Market Size & Historical Trends
- Spain
- Spain: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-10. Spain: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-11. Spain: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Spain: Supply & Demand
- Table | Spain: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Spain: Demand by Powertrain
- Table | Spain: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- Spain: Demand by Vehicle Type
- Table | Spain: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Spain: Leading Producers
- Spain: Hybrid & Electric Vehicles Market Size & Historical Trends
- Italy
- Italy: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-12. Italy: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-13. Italy: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Italy: Supply & Demand
- Table | Italy: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Italy: Demand by Powertrain
- Table | Italy: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- Italy: Demand by Vehicle Type
- Table | Italy: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Italy: Leading Producers
- Italy: Hybrid & Electric Vehicles Market Size & Historical Trends
- Netherlands
- Netherlands: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-14. Netherlands: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-15. Netherlands: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Netherlands: Supply & Demand
- Table | Netherlands: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand unit
- Netherlands: Demand by Powertrain
- Table | Netherlands: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand
- Netherlands: Demand by Vehicle Type
- Table | Netherlands: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousa
- Netherlands: Leading Producers
- Netherlands: Hybrid & Electric Vehicles Market Size & Historical Trends
- Belgium
- Belgium: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-16. Belgium: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-17. Belgium: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Belgium: Supply & Demand
- Table | Belgium: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Belgium: Demand by Powertrain
- Table | Belgium: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Belgium: Demand by Vehicle Type
- Table | Belgium: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand u
- Belgium: Leading Producers
- Belgium: Hybrid & Electric Vehicles Market Size & Historical Trends
- Sweden
- Sweden: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-18. Sweden: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-19. Sweden: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Sweden: Supply & Demand
- Table | Sweden: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Sweden: Demand by Powertrain
- Table | Sweden: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand unit
- Sweden: Demand by Vehicle Type
- Table | Sweden: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand un
- Sweden: Leading Producers
- Sweden: Hybrid & Electric Vehicles Market Size & Historical Trends
- Norway
- Norway: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-20. Norway: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-21. Norway: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Norway: Supply & Demand
- Table | Norway: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Norway: Demand by Powertrain
- Table | Norway: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand unit
- Norway: Demand by Vehicle Type
- Table | Norway: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand un
- Norway: Hybrid & Electric Vehicles Market Size & Historical Trends
- Austria
- Austria: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-22. Austria: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-23. Austria: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Austria: Supply & Demand
- Table | Austria: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Austria: Demand by Powertrain
- Table | Austria: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Austria: Demand by Vehicle Type
- Table | Austria: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand u
- Austria: Leading Producers
- Austria: Hybrid & Electric Vehicles Market Size & Historical Trends
- Other Western Europe
- Other Western Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 11-24. Other Western Europe: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 11-25. Other Western Europe: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Other Western Europe: Supply & Demand
- Table | Other Western Europe: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thou
- Other Western Europe: Demand by Powertrain
- Table | Other Western Europe: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035
- Other Western Europe: Demand by Vehicle Type
- Table | Other Western Europe: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &203
- Other Western Europe: Leading Producers
- Other Western Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Western Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Eastern Europe
- Eastern Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 12-1. Eastern Europe: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 12-2. Eastern Europe: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Eastern Europe: Supply & Demand
- Table | Eastern Europe: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand u
- Eastern Europe: Demand by Powertrain
- Table | Eastern Europe: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thous
- Eastern Europe: Demand by Vehicle Type
- Table | Eastern Europe: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (tho
- Eastern Europe: Leading Suppliers & Electric Vehicle Market Share
- Figure 12-3. Eastern Europe: Electric Vehicle Market Share by Company, 2025 (units)
- Eastern Europe: Hybrid & Electric Vehicles Market Size & Historical Trends
- Asia/Pacific
- Asia/Pacific: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-1. Asia/Pacific: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-2. Asia/Pacific: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Asia/Pacific: Supply & Demand
- Table | Asia/Pacific: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Asia/Pacific: Demand by Powertrain
- Table | Asia/Pacific: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousan
- Asia/Pacific: Demand by Vehicle Type
- Table | Asia/Pacific: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thous
- Asia/Pacific: Leading Suppliers & Electric Vehicle Market Share
- Figure 13-3. Asia/Pacific: Electric Vehicle Market Share by Company, 2025 (units)
- China
- China: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-4. China: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-5. China: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- China: Supply & Demand
- Table | China: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- China: Demand by Powertrain
- Table | China: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- China: Demand by Vehicle Type
- Table | China: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- China: Leading Producers
- China: Hybrid & Electric Vehicles Market Size & Historical Trends
- Japan
- Japan: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-6. Japan: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-7. Japan: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Japan: Supply & Demand
- Table | Japan: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- Japan: Demand by Powertrain
- Table | Japan: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- Japan: Demand by Vehicle Type
- Table | Japan: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- Japan: Leading Producers
- Japan: Hybrid & Electric Vehicles Market Size & Historical Trends
- South Korea
- South Korea: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-8. South Korea: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-9. South Korea: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- South Korea: Supply & Demand
- Table | South Korea: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand unit
- South Korea: Demand by Powertrain
- Table | South Korea: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand
- South Korea: Demand by Vehicle Type
- Table | South Korea: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousa
- South Korea: Leading Producers
- South Korea: Hybrid & Electric Vehicles Market Size & Historical Trends
- India
- India: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-10. India: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-11. India: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- India: Supply & Demand
- Table | India: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand units)
- India: Demand by Powertrain
- Table | India: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thousand units
- India: Demand by Vehicle Type
- Table | India: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (thousand uni
- India: Leading Producers
- India: Hybrid & Electric Vehicles Market Size & Historical Trends
- Other Asia/Pacific
- Other Asia/Pacific: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 13-12. Other Asia/Pacific: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 13-13. Other Asia/Pacific: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Other Asia/Pacific: Supply & Demand
- Table | Other Asia/Pacific: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousa
- Other Asia/Pacific: Demand by Powertrain
- Table | Other Asia/Pacific: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (t
- Other Asia/Pacific: Demand by Vehicle Type
- Table | Other Asia/Pacific: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035
- Other Asia/Pacific: Leading Producers
- Other Asia/Pacific: Hybrid & Electric Vehicles Market Size & Historical Trends
- Asia/Pacific: Hybrid & Electric Vehicles Market Size & Historical Trends
- Africa/Mideast
- Africa/Mideast: Hybrid & Electric Vehicles Market Size & Historical Trends
- Figure 14-1. Africa/Mideast: Hybrid & Electric Vehicle Market Key Indicators, 2025
- Figure 14-2. Africa/Mideast: Hybrid & Electric Vehicle Demand, 2007 - 2025 (thousand units)
- Africa/Mideast: Supply & Demand
- Table | Africa/Mideast: Hybrid & Electric Vehicle Supply & Demand, 2015, 2019, 2025, 2030, &2035 (thousand u
- Africa/Mideast: Demand by Powertrain
- Table | Africa/Mideast: Hybrid & Electric Vehicle Demand by Powertrain, 2015, 2019, 2025, 2030, &2035 (thous
- Africa/Mideast: Demand by Vehicle Type
- Table | Africa/Mideast: Hybrid & Electric Vehicle Demand by Vehicle Type, 2015, 2019, 2025, 2030, &2035 (tho
- Africa/Mideast: Leading Suppliers & Electric Vehicle Market Share
- Figure 14-3. Africa/Mideast: Electric Vehicle Market Share by Company, 2025 (units)
- Africa/Mideast: Hybrid & Electric Vehicles Market Size & Historical Trends
- Industry Structure
- Key Findings & Industry Composition
- Table | Global Electric Vehicle Sales by Company, 2025 (thousand units)
- Market Share
- Figure 15-1. Global Electric Vehicle Market Share by Company, 2025 (units)
- Figure 15-2. Global Electric Vehicle Market: Leading Supplier, 2025
- Figure 15-3. Global Electric Vehicle Market: Second Leading Supplier, 2025
- Figure 15-4. Global Electric Vehicle Market: Third Leading Supplier, 2025
- Figure 15-5. Global Electric Vehicle Market: Fourth Leading Supplier, 2025
- Figure 15-6. Global Electric Vehicle Market: Fifth Leading Supplier, 2025
- Key Findings & Industry Composition
- Appendix
- Report Details
- Table | Relevant HS Codes
- Table | Relevant NACE Codes
- Table | Relevant Industry Codes
- Definitions
- Abbreviations
- Table | Abbreviations & Acronyms Used in Study
- Freedonia Methodology
- Study-Specific Methodology
- Data Changes from Previous Version
- Sources
- Associations & Agencies
- Related Studies & Reports
- Country Lists by Region
- Table | Countries in North America
- Table | Countries in Central & South America
- Table | Countries in Western Europe
- Table | Countries in Eastern Europe
- Table | Countries in the Asia/Pacific Region
- Table | Countries in the Africa/Mideast Region
- Macroeconomic Assumptions
- Global Economic Outlook
- Table | Global Gross Domestic Product by Region & Country, 2015, 2019, 2025, 2030, &2035 (billion 2024 dolla
- Global Population
- Table | Global Population by Region & Country, 2015, 2019, 2025, 2030, &2035 (million persons)
- Global Economic Outlook
- Report Details
How wide is the market window for hybrid vehicles?
While hybrids remain a transitional technology that will eventually be supplanted by fully electric vehicles, these products – particularly plug-in hybrids – now hold a longer window of opportunity than previously expected. Slower-than-anticipated adoption of EVs in North America and Europe in 2024 and 2025 has allowed for greater near-term flexibility for use of hybrid vehicles to meet fleet emission targets.
When will EV technology achieve mass commercialization in trucks and buses?
While EVs remain a far smaller share of medium and heavy vehicle markets than they are in light vehicles, deployment of heavy EVs accelerated significantly in 2025. Real-world usage of these vehicles is expanding rapidly, and this trend is expected to continue and strengthen in the immediate future.
Where are HEV markets growing the fastest?
The fastest gains in HEV sales through 2030 are expected in European markets, with especially strong growth anticipated in EU countries in Southern and Eastern Europe. Meeting EU-wide vehicle emissions targets will require rapid uptake in HEV usage in many countries that have been relatively slow to deploy HEVs by regional standards.
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