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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 2023
Monthly Insights - (April 2023 vs April 2022)
📈 Registrations
7985 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +102,18%(463 vs 229)
- 🔌PHEV: ↓ Decrease -18,57%(434 vs 533)
- 🔀HEV: ↑ Increase +14,82%(3022 vs 2632)
- 🔥ICE: ↑ Increase +7,12%(6323 vs 5903)
📊 Market Share
- 🔋BEV: ↑ Increase +2,06%(4,52% vs 2,46%)
- 🔌PHEV: ↓ Decrease −1,49%(4,24% vs 5,73%)
- 🔀HEV: ↑ Increase +1,20%(29,50% vs 28,30%)
- 🔥ICE: ↓ Decrease −1,75%(61,74% vs 63,49%)