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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: - February 2022
Monthly Insights - (February 2022 vs February 2021)
📈 Registrations
3530 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +98,53%(135 vs 68)
- 🔌PHEV: ↑ Increase +88,42%(488 vs 259)
- 🔀HEV: ↑ Increase +66,80%(2467 vs 1479)
- 🔥ICE: ↑ Increase +10,85%(5414 vs 4884)
📊 Market Share
- 🔋BEV: ↑ Increase +0,57%(1,59% vs 1,02%)
- 🔌PHEV: ↑ Increase +1,87%(5,74% vs 3,87%)
- 🔀HEV: ↑ Increase +6,90% — best month on record! 🏆(29,00% vs 22,10%)
- 🔥ICE: ↓ Decrease −9,34%(63,66% vs 73,00%)