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Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) — The “hybrid
The hybrid and electric car market includes retailing/initial registration of new electric and hybrid passenger cars. Passenger cars come with sedans/sedans, hatchbacks, SUVs, 4x4s, and other similar vehicles.
The market is calculated at retail value (RSP) and market volume is expressed in games sold.
The electric car segment considers fully electric cars, i. e. battery electric cars (BEV).
The hybrid car segment refers to all types of hybrid electric cars, such as hybrid electric cars (FHEV) and mild and plug-in hybrid electric cars (MHEV and PHEV). Cars with other alternative fuels (e. g. LPG, hydrogen fuel cell phones or 48vMEHV). are not included.
All market knowledge and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated with annual average exchange rates.
The hybrid and electric automobile market recorded profits of $894. 08 billion in 2023, representing a compound annual expansion rate (CAGR) of 38. 2% between 2018 and 2023.
The market’s production volume increased with a CAGR of 34. 8% between 2018 and 2023, reaching a total of 19,607,998 in 2023.
In the global market, Asia-Pacific had the highest share at 52. 8%, followed by Europe at 28. 5% and North America at 14. 8% in 2023.
Scope of the report
Save time by achieving entry level by identifying size, growth, key segments, and key players in the global hybrid and electric car market.
Use the five forces research to determine the competitive intensity and thus attractiveness of the global hybrid and electric car market.
The profiles of leading corporations reveal important points about leading hybrid and electric cars, global operations, and financial functionality of market players.
Add weight to introductions and launches across the global hybrid and electric car market’s long-term expansion customers with five-year price and volume forecasts.
Key questions answered:
What will be the length of the global hybrid and electric cars market to price in 2023?
What will be the duration of the hybrid and electric car market in 2028?
What does the strength of the festival point to in the global market for hybrid and electric cars?
How has the market behaved in recent years?
What are the main segments that make up the hybrid and electric car market?
Featured companies:
Volvo
BAIC Motor Corporation Ltd.
Bayerische Motoren Werke AG
BYD Company Limited
BYD India Pvt. Ltd.
Ford Motor Company
General Engine Company
Honda Motor Co Ltd
Hyundai Company
Hyundai Motor Company
Mercedes-Benz Group AG
Mitsubishi Engine Company
Nissan Motor Co. , Ltd.
Renault SA
SAIC Motor Corp.
Tata Motors Limited
Tesla, Inc.
Toyota automobile company
Volkswagen
For more information on this report, https://www. researchandmarkets. com/r/y07d2g
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