PHEV sales fall back to 16% of the Chinese market over 8 months of 2025
- Global sales of PHEVs (plug-in hybrid electric vehicles), which are concentrated in two major regions (China and Europe), increased slightly in the first eight months of 2025 compared to the first eight months of 2024, to 3.92 million units versus 3.68 million, representing an increase of 6.5%.
- China, where PHEV (including REEV – Range Extender Electric Vehicles) sales increased by 10% during the period, reaching 2.89 million units compared to 2.63 million, alone accounts for 74% of global PHEV sales. The market share of PHEV in China is slightly decreasing to 16% compared to 20% in 2024.
- Europe (30 countries), where PHEV sales increased by 24% over the period, to 765,000 units compared to 619,000, represents 20% of global PHEV sales. Their market share has gradually risen to 9% of the European market.
- The United States and Japan remain very low-demand markets for PHEVs (less than 2.5% market share in the US and less than 1.5% in Japan). Together, they account for only 6% of global PHEV sales.