Forecast: New Registrations of Hybrid Electric-Petrol Passenger Cars in the Netherlands

The historical data on new registrations of hybrid electric-petrol passenger cars in the Netherlands indicates fluctuations between 2013 and 2023, peaking in 2015 at 56.22 thousand registrations and declining steadily thereafter. In 2023, registrations stood at 15.05 thousand, a 9.48% drop from the previous year. From 2018 to 2023, the CAGR was -8.34%, reflecting a notable downward trend.

The forecasted data from 2024 to 2028 suggests a continued decline with an expected 5-year CAGR of -12.6%, resulting in a 48.99% drop in registrations by 2028. This points to a significant reduction in consumer adoption of hybrid electric-petrol vehicles.

Future trends to watch for:

• The impact of government policies and incentives on hybrid and electric vehicle adoption.
• Technological advancements in battery efficiency and costs influencing consumer preferences.
• Increased infrastructure for electric vehicle charging and its effect on hybrid market share.