Sales of battery electric vehicles decreased by 17.1% in November, leading to their share in the new car market dropping to 15.6%, as per the latest industry figures.
However, the Society of Motor Manufacturers and Traders (SMMT) reported a 27.5% increase in electric vehicle adoption this year, with a market share of 16.3%, which is anticipated to grow to 22.3% next year.
November was a particularly strong month for hybrid electric vehicles (HEVs) and plug-in hybrid vehicles (PHEVs), with registrations for new vehicles climbing by 27.8% and 55.8% respectively.
Mike Hawes, SMMT chief executive, stated: The recovery of Britain’s new car market is ongoing, driven by fleets investing in the newest and most environmentally friendly vehicles.
As car manufacturers prepare to comply with new market regulations and with COP28 in progress, it is the opportune moment to implement practical measures that will enhance economic growth and reduce carbon emissions.
Private electric vehicle purchasers require incentives comparable to those that have effectively encouraged business adoption, along with sensible trade regulations that support rather than hinder the transition.
