The association anticipates the grant system and investments in infrastructure to encourage a shift to zero emission vehicles. Credit: Peter H from Pixabay.

The heavy goods vehicle (HGV) market has recorded a 2.6% increase in new registrations during the second quarter of 2024, according to findings from the Society of Motor Manufacturers and Traders (SMMT).

The growth marks a rebound from the decline seen in the previous quarter, with rigid trucks leading the charge.

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In total, 11,469 new HGVs were registered, with rigid trucks accounting for 57.9% of the market, a significant increase from the 54.2% share in the same period last year.

The number of rigid trucks registered rose by 9.7% to 6,640 units. In contrast, articulated truck registrations fell by 5.7% to 4,829 units.

Geographically, England remains dominant in the HGV market, with a 1.6% increase in registrations, totalling 9,827 units.

Northern Ireland showed the most significant growth at 30.6%, surpassing Wales to become the UK’s third-largest HGV market.

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The uptake of zero-emission vehicles (ZEVs) also continued to rise, with a 30% increase, although they still only represent a 0.6% market share.

SMMT highlights the challenges in the sector, such as a grant system that is lengthy and covers less than half of the available models, and a lack of HGV-specific charging facilities, with the UK currently having just one dedicated truck public charging location.

The association anticipates the grant system and investments in infrastructure within a national plan to boost operator confidence and encourage a shift to ZEVs.

SMMT CEO Mike Hawes said: “The truck market’s return to growth after a slower start to the year demonstrates its robustness and resilience – particularly as overall uptake continues to keep pace with last year and the pent-up demand that fuelled volumes.

“The UK’s place as Europe’s second largest zero emission truck market also demonstrates Britain’s potential to be a leader in the ZEV truck transition. Delivering that ambition, however, requires compelling incentives and infrastructure which will put operators on a confident path to 2035 and beyond.”