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Terminology

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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: - March 2021

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Monthly Insights - (March 2021 vs March 2020)

📈 Registrations

  • 1546 Total BEVs Registered so far (since 2019)

  • 🔋BEV: ↑ Increase +1.310,00% — best month on record! 🏆
    (282 vs 20)
  • 🔌PHEV: ↑ Increase +1.245,45%
    (296 vs 22)
  • 🔀HEV: ↑ Increase +268,73% — best month on record! 🏆
    (1851 vs 502)
  • 🔥ICE: ↑ Increase +104,84%
    (6555 vs 3200)

📊 Market Share

  • 🔋BEV: ↑ Increase +2,61% — best month on record! 🏆
    (3,14% vs 0,53%)
  • 🔌PHEV: ↑ Increase +2,70%
    (3,29% vs 0,59%)
  • 🔀HEV: ↑ Increase +7,20%
    (20,60% vs 13,40%)
  • 🔥ICE: ↓ Decrease −12,51%
    (72,96% vs 85,47%)

Quarterly Insights - (2021 Q1 vs 2020 Q1)

📈 Registrations

  • 🔋BEV: ↑ Increase +490,14% — best quarter on record! 🏆
    (419 vs 71)
  • 🔌PHEV: ↑ Increase +897,73% — best quarter on record! 🏆
    (878 vs 88)
  • 🔀HEV: ↑ Increase +96,08% — best quarter on record! 🏆
    (5047 vs 2574)
  • 🔥ICE: ↓ Decrease -8,37%
    (17097 vs 18658)

📊 Market Share

  • 🔋BEV: ↑ Increase +1,46%
    (1,79% vs 0,33%)
  • 🔌PHEV: ↑ Increase +3,34%
    (3,75% vs 0,41%)
  • 🔀HEV: ↑ Increase +9,50% — best quarter on record! 🏆
    (21,53% vs 12,03%)
  • 🔥ICE: ↓ Decrease −14,28% — worst quarter on record! 💀
    (72,94% vs 87,22%)
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