Plug-in Hybrid Electric Vehicles Market - Top Companies and Manufacturers

  • Report ID: 6599
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT

Companies Dominating the Plug-in Hybrid Electric Vehicles (PHEV) Landscape:

    Key players in the plug-in hybrid electric vehicles market are investing heavily in R&D to introduce next-gen models. They are also collaborating with other players and tech firms to expand their product portfolios and reach a wider consumer base. Manufacturers are also employing investment strategies to expand their presence in the high-potential economies. For instance, Hyundai Motor India proposed to invest USD 2.45 billion in Tamil Nadu to boost its electric vehicle production in the country.

    Some of the key players include:

    • Mercedes-Benz Group AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • General Motors
    • Volkswagen AG
    • Audi AG
    • Škoda Auto a.s.
    • Dr. Ing. h.c. F. Porsche AG
    • Hyundai Motor Company
    • Renault Group
    • Ford Motor Company
    • BMW Group

Browse Key Market Insights with Data Illustration:

In the News

  • In May 2024, Mazda USA announced that its 2025 CX-70 and CX-70 Plug-in Hybrid (PHEV) models received the prestigious 2024 TOP SAFETY PICK award. The top factors due to which these PHEVs received awards are the presence of advanced safety systems and storing foundations.
  • In March 2024, Hyundai Motor Company revealed its refreshed 2025 Tucson SUV at the New York International Auto Show. The updated 2025 Tucson compresses of latest features and is set to be available in a range of power series such as hybrid, plug-in hybrid, ICE, and XRT variants.

Author Credits:  Saima Khursheed


  • Report ID: 6599
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global plug-in hybrid electric vehicles (PHEV) market will be valued at USD 160.7 billion in 2025.

Expanding at a CAGR of 9.6%, the global market is expected to increase from USD 146.6 billion in 2024 to USD 482.8 billion by 2037.

Some leading companies are Tesla, Inc., Mercedes-Benz Group AG, General Motors, Volkswagen AG, Dr. Ing. h.c. F. Porsche AG, Hyundai Motor Company, and Renault Group.

The stored electricity segment is estimated to capture a strong 75.1% of the market share through 2037.

Asia Pacific is expected to hold 49.5% of the global market share through 2037.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample