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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: - September 2021
Quarterly Insights - (2021 Q3 vs 2020 Q3)
- Increase of BEV Registrations (456 vs 152) by +200,00% YoY
- Increase of PHEV Registrations (1145 vs 363) by +215,43% YoY
- Decrease of ICE Registrations (15918 vs 19716) by -19,26% YoY
- Increase of BEV Market share (1,95% vs 0,65%) - best quarter so far!
- Increase of PHEV Market share (4,89% vs 1,55%) - best quarter so far!
- Decrease of ICE Market share (68,02% vs 83,98%) - worst quarter so far!
Monthly Insights - (September 2021 vs September 2020)
- 2616 Total BEVs Registered so far (since 2019)
- Increase of BEV Registrations (241 vs 67) by +259,70% YoY
- Increase of PHEV Registrations (349 vs 176) by +98,30% YoY
- Decrease of ICE Registrations (4342 vs 5591) by -22,34% YoY
- Increase of BEV Market share (3,64% vs 0,94%) - best month so far!
- Increase of PHEV Market share (5,28% vs 2,48%)
- Decrease of ICE Market share (65,67% vs 78,67%) - worst month so far!