The number of hybrid electric-diesel and plug-in hybrid diesel-electric lorries over 3500 kg in European countries shows varied growth in 2024. France leads with 230 units, followed by Spain with 167, Portugal with 28, Sweden with 24, and Austria with 11. In 2023, these countries recorded year-on-year growth: France at 4.68%, Spain at 3.3%, Portugal at 4.01%, Sweden at 0.85%, and Austria at 1.92%. The five-year compound annual growth rate (CAGR) shows consistent upward trends across these markets, reflecting gradual adoption of greener lorry technologies.
Future trends to watch for include the continuation of strong growth in France and Spain, potentially driven by increasing environmental regulations and incentives for transitioning to cleaner transportation options. Monitoring policies and technological advancements in battery efficiency and range capabilities will be crucial for understanding shifts in the market dynamics in Europe.
Top countries in Number of Hybrid Electric-Diesel and Plug-In Hybrid Diesel-Electric Lorries Above 3500 kg by Country
| # | 5 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 230 | 2023 | +5.02% | +4.68% | View data |
| 2 | 2 Spain | 167 | 2023 | +6.37% | +3.3% | View data |
| 3 | 3 Portugal | 28 | 2023 | +3.7% | +4.01% | View data |
| 4 | 4 Sweden | 24 | 2023 | 0% | +0.85% | View data |
| 5 | 5 Austria | 11 | 2023 | 0% | +1.92% | View data |
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