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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: - May 2021

Monthly Insights - (May 2021 vs May 2020)

  • 1794 Total BEVs Registered so far (since 2019)
  • Increase of BEV Registrations (98 vs 21) by +366,67% YoY
  • Increase of PHEV Registrations (455 vs 39) by +1.066,67% YoY
  • Increase of BEV Market share (0,90% vs 0,47%)
  • Increase of PHEV Market share (4,19% vs 0,87%)
  • Decrease of ICE Market share (74,40% vs 84,46%)
See Previous Insights
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