UK Battery-Electric Car Share Hits Record 27.5% in July
Battery-electric vehicles took a record 27.5 per cent of the UK passenger car market in July, with registrations up 44.5 per cent year on year, according to electrive.
The overall market grew as well. The UK registered 156,571 new passenger cars during the month, an increase of 11.7 per cent on the same month a year earlier, electrive reported.
Vans posted the sharper move. Battery-electric van registrations climbed 74.1 per cent year on year in July, taking BEVs to a record 14.7 per cent of the light commercial vehicle market, according to electrive. Across the first seven months of the year, battery-electric vans held 10.6 per cent of van registrations, still short of the 24 per cent share required under the UK's ZEV mandate for light commercial vehicles.
Plug-in hybrids also gained. PHEV registrations rose 33.6 per cent year on year, lifting the segment to 14.9 per cent of the passenger car market, electrive reported.
The car-side gap to policy remains wide. The SMMT expects battery-electric vehicles to reach 27.4 per cent of total new car registrations across the year, up slightly from its earlier forecast of 26.8 per cent but below the ZEV mandate target of 33 per cent, according to electrive.
SMMT Chief Executive Mike Hawes tied the monthly record to spending by carmakers rather than underlying demand. "July's record EV performance is a great achievement, reflecting the industry's huge investment in zero-emission mobility," Hawes said, adding that "that progress cannot be sustained if manufacturers continue haemorrhaging billions in EV discounts, distorting demand to avoid even steeper penalties".
Source: electrive.com (opens in a new tab)1 sourcePermalink