EV sales on the rise – dominating April sales highlights despite UK new car market decline
The SMMT’s April statistics: the headlines detail some interesting changes across the Electric Car market:
- Alternatively Fuelled Vehicle volume continues to rise, with a strong 12.7% increase
- The UK new car market sees a decline by 4.1%, the second lowest April volume since 2012
- Manufacturers are investing heavily to bring ultra-low and zero emission cars to market, with an expectation of over new 60 models available in showrooms over 2019
- Private registrations fall – 10.3% although fleet demand remains steady, up 2.9% with these businesses registering 2,498 more cars than in April 2018
Diesel registrations have once again fallen and petrol electric hybrids remain the most popular choice among AFVs.
With Manufacturers working to reach meaningful levels within this emerging sector, consumer confidence will be vital, and with this said, what side of the market are you on?
Mike Hawes, SMMT Chief Executive, said,
“Whilst it’s great to see buyers respond to the growing range of pure electric cars on offer, they still only represent a tiny fraction of the market and are just one of a number of technologies that will help us on the road to zero. Industry is working hard to deliver on this shared ambition, providing ever cleaner cars to suit every need.
We need policies that help get the latest, cleanest vehicles on the road more quickly and support market transition for all drivers. This includes investment in infrastructure and long term incentives to make new technologies as affordable as possible”
- Alternatively Fuelled Vehicle market continues to rise despite consumer uncertainty, proving the longevity of this sector
- Driver safety continues to improve with the emersion of new technologies and constant innovation
- UK New car market declines, with uncertainty surrounding the consumer purchasing trends
- Following March’s poor sales and now April declination, the industry is showing signs of the changed incentives before the market is ready