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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: - April 2024

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Monthly Insights - (April 2024 vs April 2023)

📈 Registrations

  • 14693 Total BEVs Registered so far (since 2019)

  • 🔋BEV: ↑ Increase +30,45%
    (604 vs 463)
  • 🔌PHEV: ↑ Increase +80,41%
    (783 vs 434)
  • 🔀HEV: ↑ Increase +49,54%
    (4519 vs 3022)
  • 🔥ICE: ↑ Increase +19,28%
    (7542 vs 6323)

📊 Market Share

  • 🔋BEV: ↓ Decrease −0,03%
    (4,49% vs 4,52%)
  • 🔌PHEV: ↑ Increase +1,58%
    (5,82% vs 4,24%)
  • 🔀HEV: ↑ Increase +4,10%
    (33,60% vs 29,50%)
  • 🔥ICE: ↓ Decrease −5,66%
    (56,08% vs 61,74%)
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