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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: - April 2021
Monthly Insights - (April 2021 vs April 2020)
- 1696 Total BEVs Registered so far (since 2019)
- Increase of BEV Registrations (150 vs 24) by +525,00% YoY
- Increase of PHEV Registrations (381 vs 37) by +929,73% YoY
- Increase of BEV Market share (1,47% vs 0,99%)
- Increase of PHEV Market share (3,74% vs 1,52%)
- Decrease of ICE Market share (72,69% vs 79,87%) - worst month so far!