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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: - January 2021
Monthly Insights - (January 2021 vs January 2020)
- 1196 Total BEVs Registered so far (since 2019)
- Increase of BEV Registrations (69 vs 18) by +283,33% YoY
- Increase of PHEV Registrations (323 vs 38) by +750,00% YoY
- Decrease of ICE Registrations (5658 vs 8593) by -34,16% YoY
- Increase of BEV Market share (0,89% vs 0,18%)
- Increase of PHEV Market share (4,16% vs 0,39%)
- Decrease of ICE Market share (72,85% vs 87,82%)