Summary
Hybrid & Electric Cars in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Russian hybrid & electric cars market recorded revenues of $1,870.7 million in 2024, representing a compound annual growth rate (CAGR) of 107.9% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 118.8% between 2019 and 2024, reaching a total of 24,779.0 units in 2024.
- The growth of the hybrid & electric cars market in 2024 was driven by high fuel prices, advancements in battery technologies, and supportive federal investments. According to Rosstat, gasoline prices in Russia increased by 11% in August 2024 compared to August 2023, influenced by rising crude oil costs, refinery disruptions, and export restrictions.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hybrid & electric cars market in Russia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Russia
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Russia hybrid & electric cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Russia hybrid & electric cars market by value in 2024?
- What will be the size of the Russia hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the Russia hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in Russia's hybrid & electric cars market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Tesla Inc
8.2. Zhejiang Geely Holding Group Co Ltd
8.3. Chery Automobile Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Russia hybrid & electric cars market value: $ million, 2019-24
Table 2: Russia hybrid & electric cars market volume: Units, 2019-24
Table 3: Russia hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Russia hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Russia hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Russia hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Russia hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: Zhejiang Geely Holding Group Co Ltd: Key Facts
Table 12: Zhejiang Geely Holding Group Co Ltd: Key Employees
Table 13: Chery Automobile Co Ltd: Key Facts
Table 14: Russia Size of Population (Million), 2020-24
Table 15: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: Russia GDP (Current Prices, $ Billion), 2020-24
Table 17: Russia Inflation, 2020-24
Table 18: Russia Consumer Price Index (Absolute), 2020-24
Table 19: Russia Exchange Rate, 2019-24
List of Figures
Figure 1: Russia hybrid & electric cars market value: $ million, 2019-24
Figure 2: Russia hybrid & electric cars market volume: Units, 2019-24
Figure 3: Russia hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Russia hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Russia hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Russia hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Russia, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Russia, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Russia, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Russia, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Russia, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Russia, 2024
