Press Releases
Plug-in Hybrid Electric Vehicles Market Soars from US$42.1 Bn in 2024 to US$98.5 Bn by 2031 at 12.9% CAGR
The global plug-in hybrid electric vehicles (PHEVs) market is projected to grow substantially over the coming years, increasing from an estimated US$42.1 billion in 2024
Persistence Market Research
September 24, 2025