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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: - December 2021
Monthly Insights - (December 2021 vs December 2020)
📈 Registrations
3303 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +55,85%(293 vs 188)
- 🔌PHEV: ↓ Decrease -9,76%(453 vs 502)
- 🔀HEV: ↑ Increase +40,88%(1499 vs 1064)
- 🔥ICE: ↓ Decrease -27,28% — worst month on record! 💀(3410 vs 4689)
📊 Market Share
- 🔋BEV: ↑ Increase +2,26% — best month on record! 🏆(5,18% vs 2,92%)
- 🔌PHEV: ↑ Increase +0,22% — best month on record! 🏆(8,01% vs 7,79%)
- 🔀HEV: ↑ Increase +10,00%(26,50% vs 16,50%)
- 🔥ICE: ↓ Decrease −12,48% — worst month on record! 💀(60,30% vs 72,78%)
Quarterly Insights - (2021 Q4 vs 2020 Q4)
📈 Registrations
- 🔋BEV: ↑ Increase +74,37% — best quarter on record! 🏆(687 vs 394)
- 🔌PHEV: ↑ Increase +71,71% — best quarter on record! 🏆(1475 vs 859)
- 🔀HEV: ↑ Increase +34,16%(5086 vs 3791)
- 🔥ICE: ↓ Decrease -25,03% — worst quarter on record! 💀(11911 vs 15887)
📊 Market Share
- 🔋BEV: ↑ Increase +1,71% — best quarter on record! 🏆(3,59% vs 1,88%)
- 🔌PHEV: ↑ Increase +3,60% — best quarter on record! 🏆(7,70% vs 4,10%)
- 🔀HEV: ↑ Increase +8,44% — best quarter on record! 🏆(26,55% vs 18,11%)
- 🔥ICE: ↓ Decrease −13,73% — worst quarter on record! 💀(62,17% vs 75,90%)
Yearly Insights - (2021 vs 2020)
📈 Registrations
- 🔋BEV: ↑ Increase +219,53% — best year on record! 🏆(2176 vs 681)
- 🔌PHEV: ↑ Increase +230,05% — best year on record! 🏆(4789 vs 1451)
- 🔀HEV: ↑ Increase +99,06% — best year on record! 🏆(23326 vs 11718)
- 🔥ICE: ↑ Increase +5,23% — worst year on record! 💀(70636 vs 67128)
📊 Market Share
- 🔋BEV: ↑ Increase +1,32% — best year on record! 🏆(2,16% vs 0,84%)
- 🔌PHEV: ↑ Increase +2,96% — best year on record! 🏆(4,75% vs 1,79%)
- 🔀HEV: ↑ Increase +8,64% — best year on record! 🏆(23,11% vs 14,47%)
- 🔥ICE: ↓ Decrease −12,91% — worst year on record! 💀(69,99% vs 82,90%)