2025: PHEV sales down in China, stable in Europe and the USA
- Global sales of plug-in hybrid electric vehicles (PHEVs) reached 2,024,770 units in the first four months of 2025, representing a 29% increase compared to the first four months of 2024, when the sales volume was only 1,571,187 units. This represents nearly half a million additional PHEVs registered in the first four months of 2025, while the global automotive market is stable, due to uncertainties regarding the economic situation caused by the protectionist tendencies of states wishing to challenge international trade rules.
- In this context, China sees PHEV sales reach 1,330,079 registered units in the first four months of 2025, compared to 1,026,071 in the first four months of 2024, approaching 15% of the local market share.
- Europe ranks second behind China, with 365,607 PHEVs registered in the first four months of 2025, compared to 327,558 in the first four months of 2024, representing an 8.2% share of the local market.
- The United States ranks third, with 114,623 PHEVs registered in the first four months of 2025, compared to 107,373 in the first four months of 2024, representing a 2.1% share of the local market.
- While PHEV market share in China is declining in the first four months of 2025, it remains stable in Europe, albeit at a very different level. The number of PHEV sales in the US is much lower than in Europe, confirming that this type of engine is not very popular in the United States.
- In Japan, the PHEV market share is declining this year, while it was already extremely low (15,544 units representing 1.1% market share over four months of 2025).