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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: - January 2023
Monthly Insights - (January 2023 vs January 2022)
📈 Registrations
6403 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +196,74%(273 vs 92)
- 🔌PHEV: ↑ Increase +64,94%(447 vs 271)
- 🔀HEV: ↑ Increase +76,65%(2519 vs 1426)
- 🔥ICE: ↑ Increase +95,26%(7297 vs 3737)
📊 Market Share
- 🔋BEV: ↑ Increase +0,93%(2,59% vs 1,66%)
- 🔌PHEV: ↓ Decrease −0,66%(4,24% vs 4,90%)
- 🔀HEV: ↓ Decrease −1,90%(23,90% vs 25,80%)
- 🔥ICE: ↑ Increase +1,63%(69,26% vs 67,63%)