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Terminology
BEV = Battery Electric Vehicles
PHEV = Plug-in Hybrid Electric Vehicles (internal combustion engine with larger battery and plug)
NEV = New Electric Vehicles - Rechargeable (with plug) total of BEV + PHEV
HEV = Hybrid Electric Vehicles (internal combustion engine with small battery and no plug)
ICE = Internal Combustion Engine Vehicles without battery
MoM % = Month over Month Registrations % Growth/Decline
QoQ % = Quarter over Quarter Registrations % Growth/Decline
YoY % = Year over Year Registrations % Growth/Decline
Key Insights: - February 2021
Monthly Insights - (February 2021 vs February 2020)
📈 Registrations
1264 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +106,06%(68 vs 33)
- 🔌PHEV: ↑ Increase +825,00%(259 vs 28)
- 🔀HEV: ↑ Increase +58,01%(1479 vs 936)
- 🔥ICE: ↓ Decrease -28,86%(4884 vs 6865)
📊 Market Share
- 🔋BEV: ↑ Increase +0,60%(1,02% vs 0,42%)
- 🔌PHEV: ↑ Increase +3,51%(3,87% vs 0,36%)
- 🔀HEV: ↑ Increase +10,20% — best month on record! 🏆(22,10% vs 11,90%)
- 🔥ICE: ↓ Decrease −14,32%(73,00% vs 87,32%)