Hybrid & Electric Cars North America (NAFTA) Industry Guide 2021-2030
Summary
The NAFTA Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Key Highlights
The NAFTA Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The hybrid & electric cars industry within the NAFTA countries had a total market value of $1,96,478.0 million in 2025. Mexico was the fastest growing country, with a CAGR of 50.3% over the 2021-25 period.
- Within the hybrid & electric cars industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,82,032.6 million in 2025. This was followed by Canada and Mexico, with a value of $10,968.0 and $3,477.4 million, respectively.
- Canada is expected to lead the hybrid & electric cars industry in the NAFTA bloc, with a value of $32,289.6 million in 2030, followed by Mexico and US with expected values of $6,511.6 and $0.0 million, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA hybrid & electric cars Market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA hybrid & electric cars Market
- Leading company profiles reveal details of key hybrid & electric cars Market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA hybrid & electric cars Market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA hybrid & electric cars Market by value in 2025?
- What will be the size of the NAFTA hybrid & electric cars Market in 2030?
- What factors are affecting the strength of competition in the NAFTA hybrid & electric cars Market?
- How has the Market performed over the last five years?
- Who are the top competitors in the NAFTA hybrid & electric cars Market?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA HYBRID & ELECTRIC CARS
2.1. Industry Outlook
3 HYBRID & ELECTRIC CARS IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market Outlook
3.5. Five Forces Analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 HYBRID & ELECTRIC CARS IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market Outlook
5.5. Five Forces Analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 HYBRID & ELECTRIC CARS IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market Outlook
7.5. Five Forces Analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Bayerische Motoren Werke AG
9.2. Volkswagen AG
9.3. Tesla Inc
9.4. Toyota Motor Corp
9.5. BYD Co Ltd
9.6. Hyundai Motor Co
9.7. Renault SA
9.8. Mercedes-Benz Group AG
9.9. Mitsubishi Motors Corp
9.10. Nissan Motor Co Ltd
9.11. General Motors Co
9.12. Ford Motor Co
9.13. SAIC Motor Corp Ltd
9.14. BAIC Motor Corporation Ltd
9.15. BYD India Pvt Ltd
9.16. Tata Motors Passenger Vehicles Ltd
9.17. Honda Motor Co Ltd
9.18. Zhejiang Geely Holding Group Co Ltd
9.19. Chery Automobile Co Ltd
9.20. AB Volvo
9.21. Kia Corp
9.22. Hyundai Motor India Ltd
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA HYBRID & ELECTRIC CARS
2.1. Industry Outlook
3 HYBRID & ELECTRIC CARS IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market Outlook
3.5. Five Forces Analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 HYBRID & ELECTRIC CARS IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market Outlook
5.5. Five Forces Analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 HYBRID & ELECTRIC CARS IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market Outlook
7.5. Five Forces Analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Bayerische Motoren Werke AG
9.2. Volkswagen AG
9.3. Tesla Inc
9.4. Toyota Motor Corp
9.5. BYD Co Ltd
9.6. Hyundai Motor Co
9.7. Renault SA
9.8. Mercedes-Benz Group AG
9.9. Mitsubishi Motors Corp
9.10. Nissan Motor Co Ltd
9.11. General Motors Co
9.12. Ford Motor Co
9.13. SAIC Motor Corp Ltd
9.14. BAIC Motor Corporation Ltd
9.15. BYD India Pvt Ltd
9.16. Tata Motors Passenger Vehicles Ltd
9.17. Honda Motor Co Ltd
9.18. Zhejiang Geely Holding Group Co Ltd
9.19. Chery Automobile Co Ltd
9.20. AB Volvo
9.21. Kia Corp
9.22. Hyundai Motor India Ltd
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-30
Table 2: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-25
Table 3: NAFTA countries hybrid & electric cars industry forecast, revenue ($m), 2025-30
Table 4: Canada hybrid & electric cars market value: $ million, 2020-25
Table 5: Canada hybrid & electric cars market volume: million units, 2020-25
Table 6: Canada hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 7: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Table 8: Canada hybrid & electric cars market geography segmentation: $ million, 2025
Table 9: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Table 10: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Table 11: Canada Size of Population (Million), 2021-25
Table 12: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 13: Canada GDP (Current Prices, $ Billion), 2021-25
Table 14: Canada Inflation, 2021-25
Table 15: Canada Consumer Price Index (Absolute), 2021-25
Table 16: Canada Exchange Rate, 2020-25
Table 17: Mexico hybrid & electric cars market value: $ million, 2020-25
Table 18: Mexico hybrid & electric cars market volume: million units, 2020-25
Table 19: Mexico hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 20: Mexico hybrid & electric cars market category segmentation: $ million, 2020-25
Table 21: Mexico hybrid & electric cars market geography segmentation: $ million, 2025
Table 22: Mexico hybrid & electric cars market value forecast: $ million, 2025-30
Table 23: Mexico hybrid & electric cars market volume forecast: million units, 2025-30
Table 24: Mexico Size of Population (Million), 2021-25
Table 25: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 26: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 27: Mexico Inflation, 2021-25
Table 28: Mexico Consumer Price Index (Absolute), 2021-25
Table 29: Mexico Exchange Rate, 2020-25
Table 30: United States hybrid & electric cars market value: $ million, 2020-25
Table 31: United States hybrid & electric cars market volume: million units, 2020-25
Table 32: United States hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 33: United States hybrid & electric cars market category segmentation: $ million, 2020-25
Table 34: United States hybrid & electric cars market geography segmentation: $ million, 2025
Table 35: United States hybrid & electric cars market value forecast: $ million, 2025-30
Table 36: United States hybrid & electric cars market volume forecast: million units, 2025-30
Table 37: United States Size of Population (Million), 2021-25
Table 38: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 39: United States GDP (Current Prices, $ Billion), 2021-25
Table 40: United States Inflation, 2021-25
Table 41: United States Consumer Price Index (Absolute), 2021-25
Table 42: United States Exchange Rate, 2020-25
Table 1: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-30
Table 2: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-25
Table 3: NAFTA countries hybrid & electric cars industry forecast, revenue ($m), 2025-30
Table 4: Canada hybrid & electric cars market value: $ million, 2020-25
Table 5: Canada hybrid & electric cars market volume: million units, 2020-25
Table 6: Canada hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 7: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Table 8: Canada hybrid & electric cars market geography segmentation: $ million, 2025
Table 9: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Table 10: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Table 11: Canada Size of Population (Million), 2021-25
Table 12: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 13: Canada GDP (Current Prices, $ Billion), 2021-25
Table 14: Canada Inflation, 2021-25
Table 15: Canada Consumer Price Index (Absolute), 2021-25
Table 16: Canada Exchange Rate, 2020-25
Table 17: Mexico hybrid & electric cars market value: $ million, 2020-25
Table 18: Mexico hybrid & electric cars market volume: million units, 2020-25
Table 19: Mexico hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 20: Mexico hybrid & electric cars market category segmentation: $ million, 2020-25
Table 21: Mexico hybrid & electric cars market geography segmentation: $ million, 2025
Table 22: Mexico hybrid & electric cars market value forecast: $ million, 2025-30
Table 23: Mexico hybrid & electric cars market volume forecast: million units, 2025-30
Table 24: Mexico Size of Population (Million), 2021-25
Table 25: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 26: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 27: Mexico Inflation, 2021-25
Table 28: Mexico Consumer Price Index (Absolute), 2021-25
Table 29: Mexico Exchange Rate, 2020-25
Table 30: United States hybrid & electric cars market value: $ million, 2020-25
Table 31: United States hybrid & electric cars market volume: million units, 2020-25
Table 32: United States hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 33: United States hybrid & electric cars market category segmentation: $ million, 2020-25
Table 34: United States hybrid & electric cars market geography segmentation: $ million, 2025
Table 35: United States hybrid & electric cars market value forecast: $ million, 2025-30
Table 36: United States hybrid & electric cars market volume forecast: million units, 2025-30
Table 37: United States Size of Population (Million), 2021-25
Table 38: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 39: United States GDP (Current Prices, $ Billion), 2021-25
Table 40: United States Inflation, 2021-25
Table 41: United States Consumer Price Index (Absolute), 2021-25
Table 42: United States Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-30
Figure 2: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-25
Figure 3: NAFTA countries hybrid & electric cars industry forecast, revenue ($m), 2025-30
Figure 4: Canada hybrid & electric cars market value: $ million, 2020-25
Figure 5: Canada hybrid & electric cars market volume: million units, 2020-25
Figure 6: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 7: Canada hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 8: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Figure 9: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Figure 10: Forces driving competition in the hybrid & electric cars market in Canada, 2025
Figure 11: Drivers of buyer power in the hybrid & electric cars market in Canada, 2025
Figure 12: Drivers of supplier power in the hybrid & electric cars market in Canada, 2025
Figure 13: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2025
Figure 14: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2025
Figure 15: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2025
Figure 16: Mexico hybrid & electric cars market value: $ million, 2020-25
Figure 17: Mexico hybrid & electric cars market volume: million units, 2020-25
Figure 18: Mexico hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 19: Mexico hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 20: Mexico hybrid & electric cars market value forecast: $ million, 2025-30
Figure 21: Mexico hybrid & electric cars market volume forecast: million units, 2025-30
Figure 22: Forces driving competition in the hybrid & electric cars market in Mexico, 2025
Figure 23: Drivers of buyer power in the hybrid & electric cars market in Mexico, 2025
Figure 24: Drivers of supplier power in the hybrid & electric cars market in Mexico, 2025
Figure 25: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Mexico, 2025
Figure 26: Factors influencing the threat of substitutes in the hybrid & electric cars market in Mexico, 2025
Figure 27: Drivers of degree of rivalry in the hybrid & electric cars market in Mexico, 2025
Figure 28: United States hybrid & electric cars market value: $ million, 2020-25
Figure 29: United States hybrid & electric cars market volume: million units, 2020-25
Figure 30: United States hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 31: United States hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 32: United States hybrid & electric cars market value forecast: $ million, 2025-30
Figure 33: United States hybrid & electric cars market volume forecast: million units, 2025-30
Figure 34: Forces driving competition in the hybrid & electric cars market in the United States, 2025
Figure 35: Drivers of buyer power in the hybrid & electric cars market in the United States, 2025
Figure 36: Drivers of supplier power in the hybrid & electric cars market in the United States, 2025
Figure 37: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in the United States, 2025
Figure 38: Factors influencing the threat of substitutes in the hybrid & electric cars market in the United States, 2025
Figure 39: Drivers of degree of rivalry in the hybrid & electric cars market in the United States, 2025
Figure 1: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-30
Figure 2: NAFTA countries hybrid & electric cars industry, revenue ($m), 2021-25
Figure 3: NAFTA countries hybrid & electric cars industry forecast, revenue ($m), 2025-30
Figure 4: Canada hybrid & electric cars market value: $ million, 2020-25
Figure 5: Canada hybrid & electric cars market volume: million units, 2020-25
Figure 6: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 7: Canada hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 8: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Figure 9: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Figure 10: Forces driving competition in the hybrid & electric cars market in Canada, 2025
Figure 11: Drivers of buyer power in the hybrid & electric cars market in Canada, 2025
Figure 12: Drivers of supplier power in the hybrid & electric cars market in Canada, 2025
Figure 13: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2025
Figure 14: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2025
Figure 15: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2025
Figure 16: Mexico hybrid & electric cars market value: $ million, 2020-25
Figure 17: Mexico hybrid & electric cars market volume: million units, 2020-25
Figure 18: Mexico hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 19: Mexico hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 20: Mexico hybrid & electric cars market value forecast: $ million, 2025-30
Figure 21: Mexico hybrid & electric cars market volume forecast: million units, 2025-30
Figure 22: Forces driving competition in the hybrid & electric cars market in Mexico, 2025
Figure 23: Drivers of buyer power in the hybrid & electric cars market in Mexico, 2025
Figure 24: Drivers of supplier power in the hybrid & electric cars market in Mexico, 2025
Figure 25: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Mexico, 2025
Figure 26: Factors influencing the threat of substitutes in the hybrid & electric cars market in Mexico, 2025
Figure 27: Drivers of degree of rivalry in the hybrid & electric cars market in Mexico, 2025
Figure 28: United States hybrid & electric cars market value: $ million, 2020-25
Figure 29: United States hybrid & electric cars market volume: million units, 2020-25
Figure 30: United States hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 31: United States hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 32: United States hybrid & electric cars market value forecast: $ million, 2025-30
Figure 33: United States hybrid & electric cars market volume forecast: million units, 2025-30
Figure 34: Forces driving competition in the hybrid & electric cars market in the United States, 2025
Figure 35: Drivers of buyer power in the hybrid & electric cars market in the United States, 2025
Figure 36: Drivers of supplier power in the hybrid & electric cars market in the United States, 2025
Figure 37: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in the United States, 2025
Figure 38: Factors influencing the threat of substitutes in the hybrid & electric cars market in the United States, 2025
Figure 39: Drivers of degree of rivalry in the hybrid & electric cars market in the United States, 2025
