Plug-Ins Account For Over 3% Of New Car Sales In UK In October 2018
October was strong, but a downturn lies ahead.
In October, some 4,704 new plug-in cars were registered in the UK, which is not only 31.8% more than a year ago, but also a high 3.06% market share:
- 1,256 BEVs (up 86.9% year-over-year)
- 3,448 PHEVs (down 19.1% year-over-year)
So far this year, the market increased by 22.7% to 49,558 at average market share of about 2.4%.
Starting November 9, the UK changes its incentives for plug-in cars, practically cutting PHEVs from the Plug-In Car Grant and lowering the amount for BEVs, which means that at least from December on we will likely see lower sales results.
“…only vehicles qualified to Category 1 (BEVs, FCVs, or the longest range plug-in hybrids) will be able to get Plug-In Car Grant and the amount will be £3,500 (down by £1,000).
Category 1 – cars with zero emission range of 70 miles or more and CO2 emission below 50 g/km. (£3,500, no price cap)
Category 2 – cars with zero emission range 10-69 miles and CO2 emission below 50 g/km (grant not available)
Category 3 – cars with zero emission range 20 or more miles and CO2 emission 50-75 g/km (grant not available)“
Plug-in Electric Car Registrations in UK – October 2018