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UK Battery Electric Vehicle Sales Surge to Record High | Money News

by Emma Walker – News Editor

UK Battery Electric Vehicle​ Sales Hit Record High in September

London, UK – Battery ‌electric vehicle (BEV) sales⁢ in the UK⁢ surged​ to a record high in September, ‍accounting for over 50% of all new vehicle registrations, according to data released⁣ by​ the Society of Motor Manufacturers and Traders (SMMT). A total of 312,887 new ⁢vehicles were registered last ⁤month, a nearly 14% increase year-on-year – marking‍ the best September‍ performance since 2020.

The growth is attributed to ⁤factors including the ongoing Electric Car Grant‍ scheme and the “ever-increasing choice of models” available to ​consumers. more than ‌20,000 consumers⁤ have benefitted from ‌the £650m grant scheme launched earlier this summer, offering discounts of up to £3,750 on 36 electric models.

The overall figure includes both hybrid and battery electric models. Manufacturers⁢ are​ currently mandated to ensure 28%​ of vehicles sold this year‌ are electric, a ⁤target relaxed earlier this year to encompass hybrid ​vehicles alongside battery-only cars.

“Electrified vehicles ⁤are powering market growth after a sluggish summer – and with record ZEV [zero emission vehicles] uptake, massive industry investment is paying off, despite demand still trailing ambition,” said⁤ Mike Hawes, chief executive of the SMMT. He added that tackling remaining roadblocks, “by unlocking infrastructure investment and driving down energy‍ costs, will be crucial to the‍ success of ⁢the industry⁤ and the environmental goals we share.”

The SMMT emphasized ⁢the need to ⁤”re-energise” private buyers to further accelerate‍ the transition to electric vehicles.

Colin Walker, from the Energy and​ Climate Intelligence Unit, noted that sales are currently ahead of schedule to meet this year’s target, marking the second consecutive year the ​mandate ‌is projected to be met. He highlighted that drivers are realizing “hundreds of pounds of savings each year by making the switch to electric.”

Transport Secretary Heidi Alexander stated: “Our ‌discounts have sparked a surge in electric car sales, making them cheaper and⁤ within ​reach of more households than ever before.”

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