Hybrid Electric Vehicle Conversion Kit companies

  • Report ID: 6660
  • Published Date: Aug 14, 2025
  • Report Format: PDF, PPT

Key Hybrid Electric Vehicle Conversion Kit Market Players:

    The hybrid electric vehicle conversion kit market is very competitive, with a number of key players heavily focused on innovation and driving growth in the market. Some of the leading companies in the sector include Moditech, Odyne Systems LLC, EV West LLC, and Protean Electric Limited. These firms are focusing on developing more efficient and affordable conversion kits to cater to a growing consumer base seeking sustainable vehicle alternatives.

    New entrants are also penetrating the market with innovative plug-and-play solutions that enhance competition. A significant recent development in the competitive landscape includes the acquisition of Stealth EV by Hypercraft Inc. in July 2022, which enabled the company to expand its product offerings and strengthen its position in the burgeoning hybrid vehicle conversions market. As more strategic acquisitions and partnerships among companies take place, the competition is likely to increase in the hybrid electric vehicle conversion kit market, leading to increased innovation and product diversification.

    Here are some leading players in the hybrid electric vehicle conversion kit market:

    • EV West LLC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • EVDrive Inc.
    • IX Energy Private Limited
    • Moditech
    • Odyne Systems LLC
    • Protean Electric Limited
    • REVOLT Electric Vehicle Conversion
    • SAE Magmotor
    • Stealth EV
    • Thunderstruck Motors

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of hybrid electric vehicle conversion kit is estimated at USD 1.23 billion.

Hybrid Electric Vehicle Conversion Kit Market size was valued at USD 1.07 billion in 2025 and is likely to cross USD 4.84 billion by 2035, registering more than 16.3% CAGR during the forecast period i.e., between 2026-2035.

North America dominates the Hybrid Electric Vehicle Conversion Kit Market with a 42.5% share, driven by favorable government policies and tax incentives, bolstering its leadership in sustainable automotive solutions through 2026–2035.

Key players in the market include Moditech, Odyne Systems LLC, EV West LLC, EVDrive Inc., IX Energy Private LimitedProtean Electric Limited, REVOLT Electric Vehicle Conversion, SAE Magmotor, Stealth EV, and Thunderstruck Motors.
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