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The UK Charges Forward: EVs Make Up 25% Of New Car Sales

November’s Record-Breaking Figures Highlight A Shift In UK’s Automotive Market With EVs Now Making Up A Quarter Of New Car Registrations

Michael Phoon

December 6, 2024 | Updated 05:22, December 6, 2024

2 min read

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The United Kingdom (UK) has achieved a remarkable milestone in its electric vehicle (EV) transition, with EVs now comprising over 25% of all new car registrations in November—a record-breaking achievement that signals a profound shift in the nation’s automotive landscape.

A Dramatic Market Transformation

In detail, this notable statistic from New AutoMotive represents more than just a numerical achievement. It reflects a comprehensive transformation in the UK’s automotive ecosystem, characterized by several key developments:

  • EV sales have increased by an impressive 51% compared to November 2023
  • Gas car registrations have plummeted to an all-time low of 29%
  • EVs have maintained a market share above 20% for four consecutive months

Driving Forces Behind the EV Revolution

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MINI John Cooper Works Electric and MINI John Cooper Works Aceman (Image: BMW)

Automakers, both domestic and international, are rapidly adapting to the growing EV demand. For example, Mini has achieved 37% electric sales, while the BMW Group outperformed Tesla in sales last month. Other brands like Jaguar (36%), Vauxhall (36%), and Peugeot (29%) are leading the charge, showcasing a strong commitment to EV production and market expansion.

Moreover, the transition to EVs is being driven by a combination of government mandates, manufacturer investment, and infrastructure development. In the UK, the Zero Emission Vehicle (ZEV) mandate is compelling automakers to accelerate EV production to meet stringent targets.

These regulations require that 22% of auto sales be electric by 2024, rising to 28% in 2025 and targeting 80% electric sales by 2030. These ambitious benchmarks are reshaping the automotive landscape and pushing manufacturers toward electrification.

The expansion of charging infrastructure is another critical pillar of the EV revolution. With billions being invested in public and private charging networks, both manufacturers and consumers are gaining confidence in the feasibility of widespread EV adoption, ensuring the momentum continues to build.

Challenges and Controversies

The rapid growth of EVs has been remarkable, but it is not without its challenges. Some manufacturers, such as Ford and Nissan, have expressed concerns that ZEV mandates are overly ambitious, potentially placing undue pressure on the industry.

Moreover, private EV sales remain relatively low, with fleet and business purchases accounting for the majority of the market growth. To address these issues, manufacturers are actively lobbying for additional government incentives aimed at encouraging private consumers to make the switch to EVs.

Future Projections

Despite these hurdles, the outlook for EVs is promising. Industry experts anticipate a dramatic transformation in vehicle trends over the next decade. Petrol vehicles are expected to decline significantly, with numbers dropping from 18.7 million to 11.1 million.

In contrast, the EV market is projected to experience explosive growth, increasing from 1.25 million to 13.7 million vehicles. Auto Trader has described this impending shift as a “seismic shift” in British motoring, underscoring the significant changes expected in the automotive landscape.

Expert Perspectives

Ben Nelmes, CEO of New Automotive, encapsulates the sentiment stating, “The UK’s vehicle market is heading in one direction—and fast. Ministers must not pull the rug from under this progress.”

Quentin Willson, an advisory board member, adds that these figures debunk myths about declining EV sales, emphasizing that the ZEV Mandate is working effectively.

Broader Implications in UK’s EV Industry

Notably, this transformation extends beyond mere automotive trends. It represents a critical step towards reduced carbon emissions, enhanced energy independence, EV technological innovation, more sustainable transportation infrastructure.

The UK’s EV milestone is more than a statistical triumph—it’s a testament to collaborative efforts between government, manufacturers, and consumers in reimagining transportation’s future. As a result, the UK is showing that the transition to electric mobility is not just possible, but increasingly inevitable.

Want to learn more about EV? Thinking of buying an EV? Head over to EV.com and discover more.