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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: - March 2022
Monthly Insights - (March 2022 vs March 2021)
📈 Registrations
3808 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↓ Decrease -1,42%(278 vs 282)
- 🔌PHEV: ↑ Increase +73,99%(515 vs 296)
- 🔀HEV: ↑ Increase +23,72%(2290 vs 1851)
- 🔥ICE: ↓ Decrease -18,61%(5335 vs 6555)
📊 Market Share
- 🔋BEV: ↑ Increase +0,16%(3,30% vs 3,14%)
- 🔌PHEV: ↑ Increase +2,83%(6,12% vs 3,29%)
- 🔀HEV: ↑ Increase +6,60%(27,20% vs 20,60%)
- 🔥ICE: ↓ Decrease −9,58%(63,38% vs 72,96%)
Quarterly Insights - (2022 Q1 vs 2021 Q1)
📈 Registrations
- 🔋BEV: ↑ Increase +20,53%(505 vs 419)
- 🔌PHEV: ↑ Increase +45,10%(1274 vs 878)
- 🔀HEV: ↑ Increase +22,51%(6183 vs 5047)
- 🔥ICE: ↓ Decrease -15,27%(14486 vs 17097)
📊 Market Share
- 🔋BEV: ↑ Increase +0,46%(2,25% vs 1,79%)
- 🔌PHEV: ↑ Increase +1,93%(5,68% vs 3,75%)
- 🔀HEV: ↑ Increase +6,01% — best quarter on record! 🏆(27,54% vs 21,53%)
- 🔥ICE: ↓ Decrease −8,41%(64,53% vs 72,94%)