Market Share of Europe Mild Hybrid Vehicles Industry
The European mild hybrid vehicles market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.
- In August 2023, Solaris won the tender called by Giubileo 2025 SpA for a total of 110 mild hybrid articulated city buses in Rome, which was released by the government to make use of mild hybrid buses for public transport.
Some of the major players in the market include Volkswagen AG, Toyota Motor Corporation, BMW Group, Nissan Motor Corp. Ltd, Audi AG, BMW Group, and Mercedes-Benz.
Europe Mild Hybrid Vehicles Market Leaders
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Volkswagen AG
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Audi AG
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BMW Group
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Nissan Motor Co. Ltd
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Toyota Motor Corporation
*Disclaimer: Major Players sorted in no particular order