In 2024, new registrations for plug-in hybrid petrol-electric passenger cars in France are forecasted to reach 19.57 thousand, signifying steady growth from previous years. The data indicate upward momentum, with a projected expansion to 23.71 thousand registrations by 2028. This reflects a cumulative annual growth rate (CAGR) over the forecast period from 2024 to 2028. Year-on-year growth is noteworthy, averaging around 5% annually. The figures reveal significant momentum compared to 2023 levels, underscoring increasing adoption of hybrid technology.
Future trends to watch for include:
- Government regulations and incentives promoting cleaner vehicles.
- Advancements in battery technology improving efficiency and range.
- Consumer sentiment shifts towards environmentally-friendly transportation.
- Market competition among automotive manufacturers focusing on hybrid models.