Tag: SMMT

Used battery electric vehicles saw a remarkable 57% increase in sales, reaching a record market share of 2.7%.

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.

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.

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.

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.

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.

The UK new car market witnessed its 21st consecutive month of growth in April, with BEVs seeing a 10.7% increase, pushing their market share to 16.9%, compared to last year’s 15.4%.

UK car registrations surged 14% year-on-year to 84,886 units, marking the 19th consecutive month of growth, with Battery Electric Vehicles continuing their upward trend.