In 2024, electric vehicles made up 25% of new car sales in Switzerland, while hybrids continued to hold a significant market share. The sector is expected to expand at a compound annual growth rate (CAGR) of 6.98% through 2031, supported by robust environmental policies and a consumer base with strong purchasing power, encouraging the adoption of battery electric vehicles (BEVs). Switzerland’s well-established charging infrastructure has further facilitated EV growth. Sales of petrol and diesel vehicles continued to decline, with diesel holding only a small portion of the market. Despite this progress, challenges such as high battery prices and global supply chain disruptions persist. Switzerland’s commitment to sustainability continues to drive advancements in powertrain technology.
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