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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: - September 2022

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Monthly Insights - (September 2022 vs September 2021)

📈 Registrations

  • 5296 Total BEVs Registered so far (since 2019)

  • 🔋BEV: ↑ Increase +17,01%
    (282 vs 241)
  • 🔌PHEV: ↑ Increase +8,02%
    (377 vs 349)
  • 🔀HEV: ↑ Increase +55,77%
    (2617 vs 1680)
  • 🔥ICE: ↑ Increase +22,80%
    (5332 vs 4342)

📊 Market Share

  • 🔋BEV: ↓ Decrease −0,36%
    (3,28% vs 3,64%)
  • 🔌PHEV: ↓ Decrease −0,90%
    (4,38% vs 5,28%)
  • 🔀HEV: ↑ Increase +5,00%
    (30,40% vs 25,40%)
  • 🔥ICE: ↓ Decrease −3,73%
    (61,94% vs 65,67%)

Quarterly Insights - (2022 Q3 vs 2021 Q3)

📈 Registrations

  • 🔋BEV: ↑ Increase +55,04%
    (707 vs 456)
  • 🔌PHEV: ↓ Decrease -2,79%
    (1113 vs 1145)
  • 🔀HEV: ↑ Increase +23,27%
    (7252 vs 5883)
  • 🔥ICE: ↑ Increase +19,84%
    (19076 vs 15918)

📊 Market Share

  • 🔋BEV: ↑ Increase +0,56%
    (2,51% vs 1,95%)
  • 🔌PHEV: ↓ Decrease −0,94%
    (3,95% vs 4,89%)
  • 🔀HEV: ↑ Increase +0,62%
    (25,76% vs 25,14%)
  • 🔥ICE: ↓ Decrease −0,25%
    (67,77% vs 68,02%)
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