In a remarkable turn of events, sales of pure battery electric new cars have outperformed the overall market in the month of May. According to new figures released by the Society of Motor Manufacturers and Traders (SMMT), 26,031 battery electric vehicles (BEVs) were registered last month, marking a 6.2% increase compared to the same period last year. In contrast, the year-on-year increase for all types of new cars was a more modest 1.7%, totaling 147,678 registrations.
The Rise of Electric Cars
The surge in BEV registrations is primarily driven by purchases for large fleets, where volumes have risen by an impressive 10.7%. However, registrations of BEVs by private buyers declined slightly by 2.0%. Despite this, the overall trend remains positive, highlighting the growing interest in electric models among consumers.
Fleet Sales Sustain Growth
Large fleets continue to sustain growth in the new car market, offsetting weakened private retail demand. Businesses replenishing their fleets, coupled with attractive offers on new electric models, have contributed to the sustained rise in sales. Notably, Land Rover sales rose by 39.4% to 4,730, while Jaguar saw a 1.6% increase to 1,363 registrations. MG, based at Longbridge but manufacturing cars abroad, experienced a significant 14.5% rise, reaching 7,223 registrations.
The Top Performers
Among the top-selling brands in May, Volkswagen led the way with 13,503 registrations, representing a 15.5% increase compared to May 2023. The best-selling model for the month was the Kia Sportage, with 4,202 sales. These figures underscore the growing popularity of electric vehicles in the UK market.
A Call for Transition
SMMT Chief Executive Mike Hawes emphasized that while manufacturers have provided substantial support, a faster and fairer transition to electric vehicles requires more than just incentives. As Britain prepares for next month’s General Election, the success of BEVs should serve as a signpost for policymakers. The trajectory toward zero-emission vehicles must be sustained through a combination of incentives and supportive policies, ensuring a smoother transition for both consumers and manufacturers.
