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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: - July 2025
Monthly Insights - (July 2025 vs July 2024)
📈 Registrations
26092 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↓ Decrease -30,73%(611 vs 882)
- 🔌PHEV: ↑ Increase +29,73%(1056 vs 814)
- 🔀HEV: ↑ Increase +32,80%(7199 vs 5421)
- 🔥ICE: ↓ Decrease -6,86%(4742 vs 5091)
📊 Market Share
- 🔋BEV: ↓ Decrease −2,73%(4,49% vs 7,22%)
- 🔌PHEV: ↑ Increase +1,09%(7,76% vs 6,67%)
- 🔀HEV: ↑ Increase +8,50% — best month on record! 🏆(52,90% vs 44,40%)
- 🔥ICE: ↓ Decrease −6,85%(34,85% vs 41,70%)