The Renewable & Low Carbon Energy website for agricultural and rural communities

Sales of Electric vehicles continue to rise

Case Studies

One in three new cars sold in December 2022 were electric, according to data released by New AutoMotive, the non-profit organisation dedicated to the acceleration of the UK’s transition to electric vehicles. 

The data from New AutoMotive’s Electric Car Count (ECC) also showed that there was a 38% increase in the number of battery electric vehicles (BEV) sold in 2022 compared with 2021, with petrol’s share of the market dropping below 40% (in December) for the fist time since 2010.

The figures highlight that even though the new car market in the UK shrank by 3% in 2022, due to many factors including the cost of living and energy crisis, the demand for electric vehicles continued to grow, with 250,407 BEVs registered, compared to 181,062 in 2021. Diesel and petrol’s share of the market continues to shrink, and the share of hybrids shows signs of peaking, with a very modest 3% increase year on year.

Tesla continue to dominate sales, despite controversies and the dip in the company’s share price, with the company recording their highest ever market share in a single month in December, being responsible for just under 40% of all new electric car sales in the UK. VW, BMW and Renault claimed the following 3 spots in the chart, recording market shares of nearly 9%, 7.5% and 6% respectively.

Ben Nelmes, Chief Executive Officer at New Automotive, says:

“December’s figures are seriously impressive. This is the result of years of government support through consumer and fiscal incentives, as well as a clear long-term ambition to end sales of fossil-fuelled cars by 2035.”

“As the government winds up grants and incentives for electric vehicles, it needs to be careful that these impressive numbers are not just a flash in the pan. Electric car registrations can go down as well as up. Ministers should enshrine their 2035 ambition in law by introducing a California-style Zero Emissions Vehicle (ZEV) mandate, which provides the market with clarity about the UK’s journey to cleaner road transport.”

“Delays to the UK’s plans to introduce a zero emissions vehicle mandate risk undermining the case for investment in gigafactories and charging infrastructure. A strong ZEV mandate will bring forward running cost savings for consumers that dwarf debates about fuel duty rates. Consumers have shown that they are ready to pass on petrol and embrace electric; now is the time for the government to show that it is on their side by setting ambitious targets that enable more people to access the benefits of going electric.”

Related

Latest in Advice & Opportunities