In 2023, Italy led European hybrid electric vehicle registrations with a 17.55% share, closely followed by the UK and Germany, each holding over 16%. France, Spain, and Poland contributed significantly as well. Countries like Norway saw declining registrations, while nations such as Romania, Greece, and Slovakia experienced over 50% growth, showcasing strong upward trends. The average annual growth rate over the past five years highlights robust expansion in Central and Eastern Europe.
Future trends to monitor include technological advancements, policy changes, and infrastructure developments. Southern and Eastern European regions are expected to continue robust growth, driven by government incentives and increasing environmental awareness.
Top countries in Hybrid Electric Vehicle Registrations Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17.55 | 2023 | +17.51% | +45.17% | View data |
| 2 | 2 United Kingdom | 17.18 | 2023 | +7.8% | +40.4% | View data |
| 3 | 3 Germany | 16.66 | 2023 | +7.86% | +38.4% | View data |
| 4 | 4 France | 13.07 | 2023 | +18.33% | +33.79% | View data |
| 5 | 5 Spain | 9.66 | 2023 | +21.47% | +30.87% | View data |
| 6 | 6 Poland | 5.83 | 2023 | +28.25% | +49.02% | View data |
| 7 | 7 Netherlands | 2.98 | 2023 | +15.13% | +31.29% | View data |
| 8 | 8 Switzerland | 2.26 | 2023 | +21.1% | +43.2% | View data |
| 9 | 9 Hungary | 1.57 | 2023 | +11.61% | +53.09% | View data |
| 10 | 10 Austria | 1.55 | 2023 | +14.09% | +45.52% | View data |
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