Global plugin vehicle registrations were up 60% in March 2022 compared to March 2021. There were 851,000 registrations, the second best month ever, representing 15% share of the overall auto market (11% BEV share), which means that the global automotive market is entering the Electric Disruption Zone. Add the 832,000 units of plugless hybrids registered in March and we have close to 30% of the overall global market having some form of electrification last month.