Urgent action needed to enthuse private buyers to purchase EVs

SMMT: Battery electric vehicle market share rises to 16.9%, but is sustained entirely by business buyers

Mark Moran
07 May 2024

 

The number of vehicles on UK roads reached a record high in 2023, rising by 1.7% to 41,404,589 vehicles, according to new Motorparc data published by the Society of Motor Manufacturers and Traders (SMMT).

Plug-in vehicle sales drove what is the biggest growth in car ownership since 2016.

Total cars on the road rose by 1.6% or 546,800 units to 35,694,845, after almost half-a-million new battery electric (BEV) and plug-in hybrid (PHEV) vehicles were registered during 2023.

The number of BEVs in...

+88% more

 

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