France Plug-in Hybrid Electric Vehicles Market Size, Share, And COVID-19 Impact Analysis, By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), By Powertrain Type (Parallel Hybrid, Series Hybrid, and Combined Hybrid), And France Plug-in Hybrid Electric Vehicles Market Insights, Industry Trend, Forecasts To 2035

France Plug-in Hybrid Electric Vehicles Market Insights Forecasts to 2035

• The France Plug-in Hybrid Electric Vehicles Market Size is Expected to Grow at a CAGR of around 11.6% from 2025 to 2035

• The France Plug-in Hybrid Electric Vehicles Market Size is expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, the France Plug-in Hybrid Electric Vehicles Market Size is anticipated to hold a significant share by 2035, Growing at a CAGR of 11.6% from 2025 to 2035. The France plug-in hybrid electric vehicles market is driven by aggressive government decarbonization policies, financial subsidies, and rising fuel prices.

Market Overview:

A plug-in hybrid electric is a hybrid car whose battery pack is charged internally and externally by connecting an external power charging cable to an external source of electric power, and externally by its onboard internal combustion engine-powered generator. Most plug-in hybrid electric vehicles are passenger vehicles, although they are available in commercial and van types as well, like buses, motorbikes, utility trucks, trains, and even the military. The light-duty is the most common commercially sold plug-in hybrid electric vehicle, with medium-duty vehicles starting to become part of the world market of plug-in hybrid electric vehicles. While plug-in hybrid electric vehicles cost more than traditional and hybrid versions, some of these expenses can be offset by federal tax credits, fuel efficiencies, cash incentives, and subsidies.

Report Coverage:

This research report categorizes the France plug-in hybrid electric vehicles market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France plug-in hybrid electric vehicles market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France plug-in hybrid electric vehicles market.

Driving Factor

Government Incentives, Subsidies, lowered registration charges, and company tax allowances are driving adoption. Urban Low Emission Zones (LEZs), Low Emission Legislation, and diesel car prohibitions drive PHEV sales. Consumer Desire Range flexibility demand, and lower fuel bills without the full EV limitations. Charging Networks, Public-private investment is complementing France's country-wide EV charging infrastructure. OEM Pledges, Carmakers like Renault, Peugeot, and Citroen are speeding up PHEVs.

Restraining Factor

The Initial price is higher than ICE vehicles despite incentives. Limited Electric Range, PHEVs continue to be fuel-reliant for extended distances compared to full EVs. Unpredictable Charging Access, particularly in rural regions and apartment buildings.

Market Segmentation

The France plug-in hybrid electric vehicles market share is classified into the vehicle type, and powertrain type.

• The passenger cars segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France plug-in hybrid electric vehicles market is segmented by vehicle type into passenger cars, light commercial vehicles, heavy commercial vehicles, and others. Among these, the passenger cars segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmented expansion is attributed to positive subsidies and increased demand from consumers for eco-friendly but general-purpose vehicles.

• The parallel hybrid segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France plug-in hybrid electric vehicles market is segmented by powertrain type into parallel hybrid, series hybrid, and combined hybrid. Among these, the parallel hybrid segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Automakers prefer parallel hybrids because they are simpler to put into existing platforms with a shorter time-to-market. Parallel hybrids are good at city driving as well as highway cruising, fitting the normal usage habits of the average France driver.

 Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France plug-in hybrid electric vehicles market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Renault Group
• Stellantis
• BMW Group
• Volkswagen Group
• Hyundai Motor Company
• Ford Motor Company
• Mercedes-Benz Group AG
• Toyota Motor Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the France, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France plug-in hybrid electric vehicles market based on the below-mentioned segments:

France Plug-in Hybrid Electric Vehicles Market, By Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Others

France Plug-in Hybrid Electric Vehicles Market, By Powertrain Type

• Parallel Hybrid
• Series Hybrid
• Combined Hybrid