The Market Reports

Synopsis
The global market for Hybrid Cars and EVs was estimated to be worth US$ 680818 million in 2024 and is forecast to a readjusted size of US$ 1797867 million by 2031 with a CAGR of 13.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Hybrid Cars and EVs cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Hybrid cars are vehicles that combine an internal combustion engine with one or more electric motors to improve fuel efficiency and reduce emissions. The electric motor assists the engine during acceleration and can sometimes power the vehicle on its own at low speeds. There are different types of hybrids, including full hybrids, mild hybrids, and plug-in hybrid electric vehicles (PHEVs), with PHEVs capable of being charged from an external power source.
Electric vehicles (EVs), on the other hand, are powered entirely by electricity stored in rechargeable batteries. They use electric motors for propulsion and produce no tailpipe emissions. EVs include battery electric vehicles (BEVs) and also include PHEVs as a subcategory. They offer quiet operation, lower running costs, and reduced environmental impact.
Hybrid cars and EVs are increasingly central to the global transition toward clean and sustainable mobility. Hybrids, particularly PHEVs, offer a practical solution for consumers seeking improved fuel efficiency without full reliance on charging infrastructure. They serve as a transitional technology, balancing traditional and new power sources while providing drivers with flexibility and reduced emissions.
EVs are rapidly advancing in both technology and market penetration. Improved battery range, faster charging options, and smart vehicle features have made EVs more attractive to a broader consumer base. In China, both hybrid and electric models are gaining popularity as automakers expand offerings and infrastructure grows to support large-scale adoption. The market is becoming more mature, with buyers increasingly considering performance, cost of ownership, and environmental impact when choosing between hybrid and fully electric models.
This report aims to provide a comprehensive presentation of the global market for Hybrid Cars and EVs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hybrid Cars and EVs by region & country, by Type, and by Application.
The Hybrid Cars and EVs market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid Cars and EVs.
Market Segmentation
By Company
Tesla
BYD
Volkswagen
BMW
Mercedes-Benz
Stellantis
SAIC
VOLVO
Hyundai & Kia
Renault
GEELY
GAC Motor
NIO
ONE
Ford
XPeng
Chery
TOYOTA
Leapmotor
Great Wall Motors
Nissan
Seres Auto
AION
Segment by Type
BEV
PHEV
HEV
Segment by Application
Home Use
Commercial Use
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Hybrid Cars and EVs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Hybrid Cars and EVs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Hybrid Cars and EVs in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index