Advert
The UK hit a new electric vehicle (EV) sales record last month, with over 25% of all car registrations in November being electric – according to New AutoMotive’s latest Electric Car Count. That is the highest market share for EVs since December 2022.
The record-breaking sales figures mean that the country’s EV sales have held their market share of more than 20% for the fourth consecutive month – also a new record. The figures also represent a 51% increase in EV sales when compared to November last year.
Meanwhile, new petrol car registrations crashed to an all-time low of 29% in November, pushing their market share down by more than a third since the beginning of the year.
The performance of the UK’s EV market means that the car industry’s ZEV mandate credit surplus has almost doubled, meaning that no manufacturer will need to pay fines or make buyout payments to the Government this year.
When it comes to manufacturers, domestic firms are leading the way. MINI, operating out of Oxford, saw its electric models equate to 37% of its total new car sales, with the BMW Group selling more EVs than Tesla last month.
Other strong performers throughout November include Jaguar (with 36% of total car sales being electric), Vauxhall (36%), Peugeot (29%), Renault (27%), MG (27%) and Skoda (23%). Even lagging firms like Volkswagen and Ford exceeded their targets, with their EV market share totally 21% and 19% respectively.
Ben Nelmes, CEO of New AutoMotive said: “Thanks to the investments and efforts made by carmakers, UK motorists now have more electric options at more competitive prices than ever before.
“This impressive progress is the result of the combination of ambitious and flexible EV targets, and significant tax breaks for electric cars. This combination of targets and incentives is putting the UK in the fast lane to greater energy independence and cheaper, cleaner motoring.
“November’s strong sales are accompanied by billions of investment in charging infrastructure and electric vehicle manufacturing. As global electric car sales wax and wane, the UK’s car market is heading in one direction – and fast. Ministers must not pull the rug under this progress as they revisit UK policy on EVs.”
