The global plug-in hybrid electric vehicle (PHEV) industry was worth US$ 168.5 billion in 2024. A CAGR of 19.8% is projected from 2025 to 2035, reaching US$ 1,222.4 billion. Global efforts to reduce city tailpipe emissions, transition toward cleaner mobility options, and navigate lingering range anxiety associated with pure battery powertrains are driving the PHEV market. The smart management...