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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: - August 2024
Monthly Insights - (August 2024 vs August 2023)
📈 Registrations
17246 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +27,54%(514 vs 403)
- 🔌PHEV: ↓ Decrease -23,90%(484 vs 636)
- 🔀HEV: ↑ Increase +30,48%(3938 vs 3018)
- 🔥ICE: ↓ Decrease -49,05% — worst month on record! 💀(3217 vs 6314)
📊 Market Share
- 🔋BEV: ↑ Increase +2,41%(6,30% vs 3,89%)
- 🔌PHEV: ↓ Decrease −0,19%(5,94% vs 6,13%)
- 🔀HEV: ↑ Increase +19,20% — best month on record! 🏆(48,30% vs 29,10%)
- 🔥ICE: ↓ Decrease −21,42% — worst month on record! 💀(39,46% vs 60,88%)