The SMMT reports that end of Summer is usually a quieter period for the UK’s new car markets and coupled with the tough economic and consumer environment a two per cent decline in new car registrations is to be expected.

But from an EV viewpoint, there are reasons to be cheerful:

One: In August, growth in EV registration rose 14.9 per cent for cars and 13 per cent for vans.

Two: This means that year-to-date EV shares to a record 26.5 per cent and 10.9 per cent respectively, albeit still dominated by fleet rather than private consumer purchases.

Three: Manufacturers have put immense investment and innovation into the transition, with more than 140 car models and more than 40 van models available in the UK as zero emission while at the same time offering unprecedented discounts to accelerate demand, amplified by government incentives on some models.

However, SMMT notes that there is still substantial ground to make up to reach the mandated targets so September, which is typically the second busiest month of the year, and this will be pivotal.

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