News Story

Latest SMMT figures show surge in uptake of electric cars

Release Date: 
11/09/2018

Latest registration figures published by the Society of Motor Manufacturers and Traders (SMMT) show that in August 1-in-12 buyers chose electric with demand for hybrid and plug-in cars surging by 88.7% year-on-year, taking the market share of alternatively-fuelled vehicles to 8%, up from 5.2% last year.

The UK new car market enjoyed a boost in August, as year-on-year demand rose 23.1%. New registration figures for petrol cars increased by 39.1% compared to the same period last year, representing 55.2% of the total market. Diesel dropped 7.7%, representing almost 40% of the market. 

Figures also showed that new light commercial vehicle registrations increased 5% as 16,394 vans and pick-ups joined British roads. There was an uplift in demand for popular large vans, up 14.6% and pick-ups, up 21.4%. This offset a decline in medium vans that saw a drop of almost a third on the same period last year.

You can read the full details of the latest new registration figures on the SMMT website.