EV and HEV Registration Trend - Q1 2024 to Q1 2026

Grouped bar chart showing EV and HEV registration volume across three Q1 periods (Q1 2024, Q1 2025, Q1 2026)

EV volume has grown from 23,722 units in Q1 2024 to 57,108 units in Q1 2026, a 140.7% cumulative increase over two years. HEV growth has been steadier but equally structural, rising from 39,168 units (combined Hybrid, Q1 2024) to 47,505 units in Q1 2026.

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EV volume has grown from 23,722 units in Q1 2024 to 57,108 units in Q1 2026, a 140.7% cumulative increase over two years. HEV growth has been steadier but equally structural, rising from 39,168 units (combined Hybrid, Q1 2024) to 47,505 units in Q1 2026.

Chart: Proliance Analytics TeamSource: Proliance Company LimitedCreated with Datawrapper