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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: - December 2022
Monthly Insights - (December 2022 vs December 2021)
📈 Registrations
6130 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +5,80%(310 vs 293)
- 🔌PHEV: ↑ Increase +13,69%(515 vs 453)
- 🔀HEV: ↑ Increase +3,47%(1551 vs 1499)
- 🔥ICE: ↑ Increase +20,53%(4110 vs 3410)
📊 Market Share
- 🔋BEV: ↓ Decrease −0,40%(4,78% vs 5,18%)
- 🔌PHEV: ↓ Decrease −0,07%(7,94% vs 8,01%)
- 🔀HEV: ↓ Decrease −2,60%(23,90% vs 26,50%)
- 🔥ICE: ↑ Increase +3,07%(63,37% vs 60,30%)
Quarterly Insights - (2022 Q4 vs 2021 Q4)
📈 Registrations
- 🔋BEV: ↑ Increase +21,40% — best quarter on record! 🏆(834 vs 687)
- 🔌PHEV: ↑ Increase +6,64% — best quarter on record! 🏆(1573 vs 1475)
- 🔀HEV: ↑ Increase +22,45%(6228 vs 5086)
- 🔥ICE: ↑ Increase +15,26%(13729 vs 11911)
📊 Market Share
- 🔋BEV: ↑ Increase +0,14% — best quarter on record! 🏆(3,73% vs 3,59%)
- 🔌PHEV: ↓ Decrease −0,67%(7,03% vs 7,70%)
- 🔀HEV: ↑ Increase +1,30%(27,85% vs 26,55%)
- 🔥ICE: ↓ Decrease −0,78% — worst quarter on record! 💀(61,39% vs 62,17%)
Yearly Insights - (2022 vs 2021)
📈 Registrations
- 🔋BEV: ↑ Increase +29,92% — best year on record! 🏆(2827 vs 2176)
- 🔌PHEV: ↑ Increase +14,70% — best year on record! 🏆(5493 vs 4789)
- 🔀HEV: ↑ Increase +24,22% — best year on record! 🏆(28975 vs 23326)
- 🔥ICE: ↓ Decrease -3,66% — worst year on record! 💀(68049 vs 70636)
BEV-PHEV mix moved in favor of BEV this year: (33,98% - 66,02%) compared to last year: (31,24% - 68,76%)
📊 Market Share
- 🔋BEV: ↑ Increase +0,52% — best year on record! 🏆(2,68% vs 2,16%)
- 🔌PHEV: ↑ Increase +0,46% — best year on record! 🏆(5,21% vs 4,75%)
- 🔀HEV: ↑ Increase +4,40% — best year on record! 🏆(27,51% vs 23,11%)
- 🔥ICE: ↓ Decrease −5,39% — worst year on record! 💀(64,60% vs 69,99%)