As of 2023, the number of new registrations for hybrid electric-diesel and plug-in hybrid diesel-electric lorries over 3500 kg in France stood at 48.92 registrations. From 2024 to 2028, forecasts indicate a steady growth: 50.7, 52.58, 54.43, 56.24, and 58.01 registrations respectively. This reflects a year-on-year growth ranging around 3.7% to 3.2%, with a Compound Annual Growth Rate (CAGR) of approximately 3.25% over the five-year period.
Future trends to watch:
- Technological advancements influencing vehicle efficiency and adoption rates.
- Regulatory changes impacting environmental standards and incentives for hybrid vehicles.
- Market volatility pertaining to diesel fuel costs potentially reshaping demand patterns.