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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: - June 2025

Quarterly Insights - (2025 Q2 vs 2024 Q2)

  • Increase of BEV Registrations (2245 vs 1761) by +27,48% YoY
  • Increase of PHEV Registrations (2893 vs 2019) by +43,29% YoY - best quarter so far!
  • Decrease of ICE Registrations (17205 vs 20624) by -16,58% YoY
  • Increase of BEV Market share (5,21% vs 4,26%)
  • Increase of PHEV Market share (6,72% vs 4,88%)
  • Decrease of ICE Market share (39,96% vs 49,86%)
See Previous Insights

Monthly Insights - (June 2025 vs June 2024)

  • 25481 Total BEVs Registered so far (since 2019)
  • Increase of BEV Registrations (869 vs 752) by +15,56% YoY
  • Increase of PHEV Registrations (1008 vs 590) by +70,85% YoY
  • Decrease of ICE Registrations (5624 vs 6356) by -11,52% YoY
  • Increase of BEV Market share (5,93% vs 5,31%)
  • Increase of PHEV Market share (6,88% vs 4,17%)
  • Decrease of ICE Market share (38,39% vs 44,91%)
See Previous Insights
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