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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: - September 2024
Monthly Insights - (September 2024 vs September 2023)
📈 Registrations
18111 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +14,57%(865 vs 755)
- 🔌PHEV: ↓ Decrease -33,27%(734 vs 1100)
- 🔀HEV: ↑ Increase +14,43%(4504 vs 3936)
- 🔥ICE: ↓ Decrease -36,56%(3562 vs 5615)
📊 Market Share
- 🔋BEV: ↑ Increase +2,33% — best month on record! 🏆(8,95% vs 6,62%)
- 🔌PHEV: ↓ Decrease −2,05%(7,59% vs 9,64%)
- 🔀HEV: ↑ Increase +12,10%(46,60% vs 34,50%)
- 🔥ICE: ↓ Decrease −12,38% — worst month on record! 💀(36,85% vs 49,23%)
Quarterly Insights - (2024 Q3 vs 2023 Q3)
📈 Registrations
- 🔋BEV: ↑ Increase +30,62% — best quarter on record! 🏆(2261 vs 1731)
- 🔌PHEV: ↓ Decrease -16,07%(2032 vs 2421)
- 🔀HEV: ↑ Increase +29,31%(13863 vs 10721)
- 🔥ICE: ↓ Decrease -38,48% — worst quarter on record! 💀(11870 vs 19294)
📊 Market Share
- 🔋BEV: ↑ Increase +2,46% — best quarter on record! 🏆(7,53% vs 5,07%)
- 🔌PHEV: ↓ Decrease −0,32%(6,77% vs 7,09%)
- 🔀HEV: ↑ Increase +14,79% — best quarter on record! 🏆(46,17% vs 31,38%)
- 🔥ICE: ↓ Decrease −16,94% — worst quarter on record! 💀(39,53% vs 56,47%)