The UK’s electric vehicle (EV) market has set a new benchmark, with more than 25% of all car registrations in November being electric, according to the latest data from New AutoMotive’s Electric Car Count.
This marks the highest market share for EVs since December 2022, signalling continued growth in the country’s transition to cleaner transportation.
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This “record-breaking” achievement signifies that the country’s EV sales have maintained a market share of over 20% for the fourth consecutive month, also setting a new record, the report said.
The figures also indicate a 51% increase in EV sales compared to November 2023.
Conversely, new petrol car registrations plummeted to an all-time low of 29% last month, leading to a reduction of more than a third in their market share since the beginning of the year.
When it comes to manufacturers, domestic firms are leading the way. Mini, who operate out of Oxford, saw their electric models equate to 37% of their total new car sales, with the BMW Group selling more EVs than Tesla last month.
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By GlobalDataNew AutoMotive CEO Ben Nelmes said: “Thanks to the investments and efforts made by carmakers, UK motorists now have more electric options at more competitive prices than ever before.
“This impressive progress is the result of the combination of ambitious and flexible EV targets, and significant tax breaks for electric cars. This combination of targets and incentives is putting the UK in the fast lane to greater energy independence and cheaper, cleaner motoring.
“November’s strong sales are accompanied by billions of investment in charging infrastructure and electric vehicle manufacturing.
“As global electric car sales wax and wane, the UK’s car market is heading in one direction – and fast. Ministers must not pull the rug under this progress as they revisit UK policy on EVs.”
Other strong performers throughout November include Jaguar (with 36% of total car sales being electric), Vauxhall (36%), Peugeot (29%), Renault (27%), MG (27%) and Skoda (23%).
Even lagging companies such as VW and Ford exceeded their targets, with their EV market share totalling 21% and 19% respectively.
