Latvia continued to expand its electrified vehicle market in 2025, with battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) gaining share in new passenger car
Historical Data and Forecast of Latvia Automotive Electric Vehicle Market Revenues & Volume By Plug-in Hybrid Electric Vehicles (PHEVs) for the Period 2021-2031
In 2023, 10.7 million new passenger cars were registered in the EU. Among them, the pure petrol cars had the highest share (34.5%), followed by non-plug-in hybrid petrol-electric cars
Despite being a small market, the adoption of plug-in hybrid electric vehicles in Latvia is steadily increasing due to government incentives and growing environmental consciousness among...
Purchases of new plug-in hybrids, second hand (used) electric vehicles, and new electric vehicles will all receive subsidies. The initiative has a predetermined end date and no more money is
See how Latvia Electric Vehicle performed compared to key markets such as Germany, Sweden and Italy. The registration of electric vehicles in Latvia is projected to climb to approximately 960 units by
While EV adoption, made up of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs), remains inconsistent across Europe, some markets are pushing forward.
The report provides a strategic analysis of the plug-in hybrid electric vehicles (phevs) market in Latvia and describes the main market participants, growth and demand drivers, challenges, and all other
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