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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: - June 2021
Quarterly Insights - (2021 Q2 vs 2020 Q2)
- Increase of BEV Registrations (614 vs 64) by +859,38% YoY - best quarter so far!
- Increase of PHEV Registrations (1291 vs 141) by +815,60% YoY - best quarter so far!
- Increase of BEV Market share (1,76% vs 0,42%)
- Increase of PHEV Market share (3,70% vs 0,93%)
- Decrease of ICE Market share (73,61% vs 84,76%)
Monthly Insights - (June 2021 vs June 2020)
- 2160 Total BEVs Registered so far (since 2019)
- Increase of BEV Registrations (366 vs 19) by +1.826,32% YoY - best month so far!
- Increase of PHEV Registrations (455 vs 65) by +600,00% YoY
- Increase of BEV Market share (2,64% vs 0,23%)
- Increase of PHEV Market share (3,28% vs 0,79%)
- Decrease of ICE Market share (73,68% vs 86,37%)