The 2023 data shows Germany leading the market with 74.49 thousand plug-in hybrid diesel-electric passenger cars, while France has experienced significant growth with an 80.11% increase. Sweden, Norway, and Portugal also saw substantial growth rates of 26.66%, 21.94%, and 65.18%, respectively. Spain's significant increase of 168.58% highlights its expanding market share. In contrast, the Netherlands experienced a slight decline. Luxembourg and Germany remained stable, reflecting market maturity. The overall compound annual growth rate (CAGR) for this market has been positive, indicating steady interest in such vehicles across Europe.
Looking ahead, key trends include increasing adoption in Southern and Eastern Europe, with Spain and Portugal showing promising growth. Factors influencing future trends will include government incentives, technological advancements, and consumer demand for more sustainable transportation solutions. Monitoring policies and innovations in battery technology will be critical for anticipating market shifts.
Top countries in Number of Plug-In Hybrid Diesel-Electric Passenger Cars by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 74,490 | 2023 | +19.83% | View data | |
| 2 | 2 France | 23,120 | 2023 | +34.39% | +80.11% | View data |
| 3 | 3 Sweden | 12,860 | 2023 | +8.96% | +26.66% | View data |
| 4 | 4 Norway | 12,540 | 2023 | +9.29% | +21.94% | View data |
| 5 | 5 Portugal | 12,050 | 2023 | +24.73% | +65.18% | View data |
| 6 | 6 Netherlands | 11,880 | 2023 | -2.46% | -2.96% | View data |
| 7 | 7 United Kingdom | 9,050 | 2021 | View data | ||
| 8 | 8 Spain | 7,970 | 2023 | +37.53% | +168.58% | View data |
| 9 | 9 Finland | 7,260 | 2023 | +22.15% | +46.98% | View data |
| 10 | 10 Austria | 3,500 | 2023 | +31.73% | +70.49% | View data |
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