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Terminology

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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: - October 2022

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Monthly Insights - (October 2022 vs October 2021)

📈 Registrations

  • 5537 Total BEVs Registered so far (since 2019)

  • 🔋BEV: ↑ Increase +143,43%
    (241 vs 99)
  • 🔌PHEV: ↑ Increase +24,63% — best month on record! 🏆
    (592 vs 475)
  • 🔀HEV: ↑ Increase +18,60%
    (2060 vs 1737)
  • 🔥ICE: ↑ Increase +21,94%
    (4908 vs 4025)

📊 Market Share

  • 🔋BEV: ↑ Increase +1,53%
    (3,09% vs 1,56%)
  • 🔌PHEV: ↑ Increase +0,09%
    (7,59% vs 7,50%)
  • 🔀HEV: ↓ Decrease −1,00%
    (26,40% vs 27,40%)
  • 🔥ICE: ↓ Decrease −0,61%
    (62,92% vs 63,53%)
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