Used battery electric vehicles saw a remarkable 57% increase in sales, reaching a record market share of 2.7%.
Category: Market
Electric Vehicle Sales Surge in October Despite Overall Market Decline
The UK new car market continued its downward trend in October, falling by 6% compared to the same period last year, but battery electric vehicles saw a 24.5% increase in registrations.
BEV Boom Continues Again in Europe as Stellantis Slumps
September sees a 14% surge in electric car registrations in Europe.
Electric Vehicle Sales Surge Globally as China Dominates
China, the world’s largest EV market, saw a remarkable 81% surge in plug-in hybrid sales compared to the previous August.
Electric Vehicle Discounts Drive September Sales Surge
The UK new car market defied expectations in September, posting a modest 1.0% increase to 275,239 units, but battery electric vehicles recorded a new monthly high of 56,387 registrations, representing a 24.4% increase over the previous year.
BEVs Suffer Sharpest European Sales Drop in Years as Chinese Brands Surge
The European electric vehicle market experienced a significant setback in August, marking the largest year-on-year decline in sales since January 2017, according to data from JATO Dynamics.
Battery Electric Vehicles Capture 23% of UK Market in August
Battery electric vehicles continued their upward trajectory in August, with registrations rising by 10.8%, capturing 22.6% of the market, the highest share since December 2022.
BMW Takes the Lead in Stalling European EV Market
BMW outsold Tesla in the BEV market for the first time in July. The German carmaker achieved a 35% year-on-year increase in electric vehicle registrations, compared to Tesla’s 16% decline.
Electric Cars Hold Steady In May Despite Sluggish Retail Sales
Battery Electric Vehicles experienced a 6.2% increase in registrations and secured a record 17.6% market share, up from 16.9% in May 2023.
Boom Time for Used Cars as Brits Embrace Electrification
The UK’s used car market has roared back to life, recording its strongest start to a year since 2019, with battery electric vehicles surging by an impressive 71% to 41,505 units.