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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: - April 2022
Monthly Insights - (April 2022 vs April 2021)
- 4037 Total BEVs Registered so far (since 2019)
- Increase of BEV Registrations (229 vs 150) by +52,67% YoY
- Increase of PHEV Registrations (533 vs 381) by +39,90% YoY
- Decrease of ICE Registrations (5903 vs 7413) by -20,37% YoY
- Increase of BEV Market share (2,46% vs 1,47%)
- Increase of PHEV Market share (5,73% vs 3,74%)
- Decrease of ICE Market share (63,49% vs 72,69%)