Hybrid Cars Market Is Expected To Reach $ 457.27 Billion By 2030
San Francisco, 9 December 2024: The Report Hybrid Cars Market Size, Share & Trends Analysis Report By Degree Of Hybridization (Full-hybrid, Plug-in-hybrid), By Vehicle Type (Sedan, Hatchback, SUV), By Region, And Segment Forecasts, 2024 - 2030 The global hybrid cars market size is anticipated to reach USD 457.27 billion by 2030 and is projected to grow at a CAGR of 11.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness and concern about climate change and air pollution have increased demand for more sustainable transportation. Hybrid cars, which combine an internal combustion engine with an electric motor, offer reduced emissions compared to traditional gasoline-powered vehicles, driving the demand for the market. The increasing availability of charging infrastructure and support for electric vehicles is bolstering market growth. Governments and private companies are investing in expanding charging network...