Hybrid Vehicle Market Size to Surpass US$ 226.52 billion | Mercedes-Benz AG, BMW AG
Hybrid Vehicle is poised for significant expansion over the coming decade. According to a comprehensive analysis by Kings Research, the market, valued at $226.52 billion in 2023, is projected to surge to an impressive $226.52 billion by 2031, representing a compound annual growth rate (CAGR) of 16.19% during the forecast period from 2024 to 2031.
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Mercedes-Benz...