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UK’s EV market has emerged from ‘early adopter’ stage, says SMMT

Car industry calls for support for private buyers in line with incentives for businesses.

18 September 2023
Mike Hawes speaking at SMMT Electrified
Mike Hawes speaking at SMMT Electrified

 

The UK has emerged from ‘early adopter’ market phase, with more than 800,000 electric vehicles registered since 2018, says the Society of Motor Manufacturers and Traders (SMMT).

EVs are on track to reach almost 18% market share by year end, suggests the SMMT. Fleets are leading electric transition but end of private consumer incentives undermines mass market demand.

The SMMT warns that delivering a faster and fairer mass transition, is threatened by the absence of support for...

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