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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: - May 2022
Monthly Insights - (May 2022 vs May 2021)
📈 Registrations
4271 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +138,78%(234 vs 98)
- 🔌PHEV: ↑ Increase +15,38%(525 vs 455)
- 🔀HEV: ↑ Increase +40,18% — best month on record! 🏆(3119 vs 2225)
- 🔥ICE: ↑ Increase +0,56%(8117 vs 8072)
📊 Market Share
- 🔋BEV: ↑ Increase +1,05%(1,95% vs 0,90%)
- 🔌PHEV: ↑ Increase +0,19%(4,38% vs 4,19%)
- 🔀HEV: ↑ Increase +5,50%(26,00% vs 20,50%)
- 🔥ICE: ↓ Decrease −6,73%(67,67% vs 74,40%)