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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: - January 2025
Monthly Insights - (January 2025 vs January 2024)
📈 Registrations
21743 Total BEVs Registered so far (since 2019)
- 🔋BEV: ↑ Increase +17,11%(527 vs 450)
- 🔌PHEV: ↓ Decrease -5,64%(753 vs 798)
- 🔀HEV: ↑ Increase +11,40%(5119 vs 4595)
- 🔥ICE: ↓ Decrease -38,37%(4264 vs 6919)
📊 Market Share
- 🔋BEV: ↑ Increase +1,41%(4,94% vs 3,53%)
- 🔌PHEV: ↑ Increase +0,81%(7,06% vs 6,25%)
- 🔀HEV: ↑ Increase +12,00%(48,00% vs 36,00%)
- 🔥ICE: ↓ Decrease −14,23%(39,99% vs 54,22%)