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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)
- 26092 Total BEVs Registered so far (since 2019)
- Increase of PHEV Registrations (1056 vs 814) by +29,73% YoY
- Decrease of ICE Registrations (4742 vs 5091) by -6,86% YoY
- Increase of PHEV Market share (7,76% vs 6,67%)
- Decrease of ICE Market share (34,85% vs 41,70%)