Plug-In Electric Car Sales In UK End Year At 3.8% Market Share
The year 2018 was positive. In 2019, a lot will depend on new models
December brought a slight increase of plug-in electric cars sales in the UK to 5,498 (up 19% year-over-year), but as the overall market decreased 5.5%, market share hit the 2nd best result ever – 3.8%.
- 1,534 BEVs (up 59% year-over-year)
- 3,964 PHEVs (up 9% year-over-year)
Lower incentives for all-electric and no more Plug-In Car Grant for plug-in hybrids so far didn’t reverse the rising trend.
The year 2018 was a record for plug-in car sales in the UK as 59,911 new registrations were noted (up by 21.8%) at an average market share of 2.53% (overall market share decreased by 6.8%).
- 15,474 BEVs (up 14% year-over-year)
- 44,437 PHEVs (up 25% year-over-year)
Plug-in Electric Car Registrations in UK – December 2018
The Society of Motor Manufacturers and Traders (SMMT) notes that despite record results, growth of plug-ins is falling behind EU average and that sales are not enough to offset the significant drop od diesel cars by almost 30% (market share decreased within a year from 42.0% to 31.7%).
“In the AFV sector, petrol electric hybrids remained the most popular choice, up +21.3% to 81,156 units. Plug-in hybrids (PHEVs) also recorded a strong uplift (+24.9%) over the year, though the figures suggest growth is slowing following the removal of the Government’s plug-in car grant for these vehicles in October.
Demand for PHEVs grew almost 30% in the first 10 months, but year on year increases fell to 3.1% and 8.7% in November and December respectively. Pure electric cars, meanwhile, grew 13.8% in the year but, with just 15,474 registered, they still make up only 0.7% of the market. Given the reduction in government incentives, the pace of growth of plug-in cars is now falling significantly behind the EU average.2“