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Saturday, 14 December 2024

(WEV) BEV 25% OF UK CAR MARKET IN NOVEMBER

Battery electric vehicle (BEV) registrations have risen for an eleventh successive month this November, up 58.4% to 38,581 units, representing 25.1% of the overall market, according to the latest figures published by the Society for Motor Manufacturers and Traders (SMMT)

This seems to be driven by heavy manufacturer discounting, with the best market share since December 2022.

However, November is just the second month this year in which BEV uptake has reached the target mandated level of 22% for 2024 amidst a declining overall market. More of this article (Which EV) - link - more like this (electric cars) - link - more like this (electric vehicles) - link

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