In the UK, there were 85,657 new owner car registrations in August, a 24 percent rise over the same month last year. The total number of new registrations after the first eight months of 2023 was 1,179,298 (an increase of 20% from the previous year).
Sales of plug-in electric vehicles are growing at a rate that is substantially higher than that of the general market, allowing EVs to noticeably increase their market share.
According to the Society of Motor Manufacturers and Traders (SMMT), 23,844 new plug-in vehicles were registered last month, a 72 percent increase over the same period last year. This represents a market share of 27,8 percent (up from 20.2 percent). Nearly 4 out of 10 new cars were electrified, along with non-rechargeable hybrids (an extra 10% share).
The all-electric (BEV) market sector, is expanding more quickly than any other, accounted for 20% of new car registrations this month (up from less than 15% a year earlier).
Registrations for plug-in electric vehicles in the UK– August 2023:
- BEVs: Up 72% and 20.1% of the market share at 17,243
- PHEVs: Up 70% and 7.7% of the market share at 6,601
- Total: Up 72% and 27.8% of the market share at 23,844
More than 273,000 brand-new plug-in electric cars have been registered in the UK so far this year, a 37 percent increase over last year and more than one-fifth of the market.
Year-to-date registrations of new plug-in vehicles:
- BEVs: Up 41% and 16.4% of the market share at 193,218
- PHEVs: Up30% and 6.8% of the market share at 80,458
- Total: Up 23.2% of the market share at 273,676
For comparison, more than 368,000 new passenger plug-in cars were registered in the UK in the first 12 months of 2022, achieving an average market share of 22.8%.
Popular models
With 2,313 units registered in August, the Tesla Model Y came in second place in the UK, just behind the Ford Puma (2,336). Additionally, the Tesla Model 3 entered the top 10 with 1,698 units and the sixth-best performance last month. On the list, there are no other standalone all-electric vehicles that don’t have petrol/diesel version. With 24,148 units sold over the first eight months of the year, the Tesla Model Y is currently the third most popular model and may soon overtake the second best-selling model.
AUGUST 2023
1. Ford Puma
2. Tesla Model Y
3. Vauxhall Corsa
4. Ford Kuga
5. Vauxhall Mokka
6. Tesla Model 3
7. Hyundai Tucson
8. Volkswagen T-Rock
9. Ford Fiesta
10. Audi A3
YEAR TO DATE
1. Ford Puma
2. Vauxhall Corsa
3. Tesla Model Y
4. Nissan Qashqai
5. Hyundai Tucson
6. Kia Sportage
7. Nissan Juke
8. Vauxhall Mokka
9. Ford Fiesta
10. Mini
Commercial Vehicles
About 16,303 light commercial vehicles (LCV) were registered last month, an increase of 5% from the previous month. Out of those, 1,122 were pure electric (up 19% year over year), giving them a market share of 6.9%.
Source: Inside EV’s