UK sees record-breaking electric car sales in September 2024
September 2024 - Electric Car Count & Electric Van Count
UK Electric Car Sales
Welcome to September’s edition of Electric Car Count, our monthly bulletin on electric car, van, motorbike and HGV sales in the UK - and the most up-to-date, free, comprehensive and detailed publication covering the EV transition in the UK.
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Electric car sales in the UK have returned to record-breaking growth after briefly dropping after September 2023. UK electric car sales recorded their best month on record in September, with over 50,000 new electric cars registered.
Taken all together, carmakers are beating the targets in the Zero Emissions Vehicle mandate by using additional rewards for selling more hybrid vehicles, as registrations of non-electric petrol and diesel vehicles recorded their smallest share of newly registered vehicles in UK history.
New AutoMotive now projects that there will be a surplus of ZEV mandate credits in 2024, due to carmakers’ collective overachievement of the regulatory requirements. Sales of purely electric car sales grew 23.3% when compared to September 2023, representing 20.8% of newly registered cars in the UK
August and September 2024 have seen the strongest sales of EVs since December 2022, continuing a trend that has seen EV sales in the UK continue to grow far faster than in the rest of Euro.
The Market in Numbers
EV registrations last month: 53,475
EV growth last month: 23.3%
Chart: Market Share by fuel type, YTD vs last year
Ben Nelmes, Chief Executive at New AutoMotive, said:
“The UK’s electric car market is fizzing with life. Electric car registrations grew by almost a quarter in September, with one in five new cars an EV. It is great to see more people than ever before switching to cleaner, cheaper driving.
“Sensible government policy is driving an emerging great British success story, with electric car registrations here outperforming the rest of Europe. We are in a global race to get EVs on the roads and Britain is pulling into the fast lane.
“The UK car market is going through a period of profound change, and parts of the retail industry are moving quicker than others. Fortunately the vast majority of people in the UK will feel the climate and air pollution benefits no matter how clean vehicles are sold.”
UK Electric Van Sales
While market share for battery electric vans remained at a fairly typical 6% for the month of September, key manufacturers saw a ZEV Mandate-busting share of battery electric registrations.
Off the back of impressive battery electric van registrations in August, Peugeot were responsible for nearly one in four of all electric van sales in September, managing to register nearly one new electric van for every four non-fully electric van.
With Ford still hovering around a 1% BEV share for new van registrations in 2024, September marked a positive uptick in new battery electric van registrations - where battery electric registrations made up a 5% share of new van registrations. Now accounting for more than one in four new registrations of battery electric vans for September, hopefully this is a sign Ford are finding their feet in the battery electric van market.
The good news is, thanks to the easy-to-attain credits from the CO2 trading scheme for vans, the majority of manufacturers are continuing to look to be on track to meet their ZEV Mandate obligations.
The Market in Numbers
EV registrations last month: 2,994
EV growth last month: -0.8%
Chart: Market Share by fuel type, latest month vs last year
To find out more about how we calculate the per mile running costs for various fuel types, contact us at data@newautomotive.org
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