Plug-in hybrid electric vehicle registrations in Hungary: Increase in 1Q 2018

According to figures released by European Automobile Manufacturers' Association, in comparison to 4th quarter 2017 electric vehicle registration went up by 12.58 percent. The indicator rose from 151 to 170, as it follows the tendency of the previous quarter when it grew by 26.89%. It's new all-time maximum since 2015. In 2017, the variable was increasing by 12.07% and hit 65 number in Q1. Year-on-year, this shows a 161.54% change between Q1 2017 and Q1 of the year after. The overall changes for the prior 3 years reached a raise of 4 150%. Furthermore, the electric vehicle registration is now bigger than its average which equals 61.46 with a modest overall increase since the start of time series. It attained its minimum of 3 in 2Q 2015.