In 2023, France had a baseline of estimated plug-in hybrid petrol-electric passenger cars. From 2024 onwards, forecasts show a progressive increase with the fleet projected to reach 1,088.0 thousand units by 2028. This reflects significant year-on-year growth rates: 17.9% in 2024-2025, 15.0% in 2025-2026, 12.9% in 2026-2027, and 11.3% in 2027-2028. Over these five years, there's an average compound annual growth rate (CAGR) of approximately 14.2%.
Future trends to watch for include:
- Government policies promoting electric mobility.
- Advancements in battery technology improving efficiency and affordability.
- Consumer shift towards environmentally friendly vehicle options.
- Infrastructure developments that support electrification.
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