PHEVs and BEVs are both important drivers of electrification in China’s New Energy Vehicle market, with PHEVs expected to see a surge in growth in 2023. This article examines historical sales trends, the slowing growth of BEVs and the future of PHEVs.
This ICE forecast looks at the global penetration rates of ICE equipped light vehicles through 2030 with breakdowns by average engine displacement, cylinder count and mix of power types along with additional charts by region.
