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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: - June 2022
Quarterly Insights - (2022 Q2 vs 2021 Q2)
- Increase of BEV Registrations (781 vs 614) by +27,20% YoY - best quarter so far!
- Increase of PHEV Registrations (1533 vs 1291) by +18,75% YoY - best quarter so far!
- Decrease of ICE Registrations (20758 vs 25710) by -19,26% YoY
- Increase of BEV Market share (2,41% vs 1,76%)
- Increase of PHEV Market share (4,73% vs 3,70%)
- Decrease of ICE Market share (64,10% vs 73,61%)
Monthly Insights - (June 2022 vs June 2021)
- 4589 Total BEVs Registered so far (since 2019)
- Increase of PHEV Registrations (475 vs 455) by +4,40% YoY
- Decrease of ICE Registrations (6738 vs 10225) by -34,10% YoY
- Increase of BEV Market share (2,87% vs 2,64%)
- Increase of PHEV Market share (4,28% vs 3,28%)
- Decrease of ICE Market share (60,75% vs 73,68%)