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02 November 2017

Moneybarn: 1,800% increase in UK electric car registrations over five year period

First publishedon www.ITSInternational.com
Nearly 10,000 electric cars are now registered in the UK with Japanese and German manufacturers dominating most popular brands in the UK, according to a five-year analysis on the development of the Electric vehicle industry by Moneybarn. These findings have been revealed following the government’s plan to ban the sale of all petrol and diesel vehicles from 2040.

The growth in sales suggest that Electric vehicles (EVs) are no longer considered niche specialist vehicles with most popular manufacturers bringing out their own versions. In 2016, figures showed that Japan’s Mitsubishi’s Outlander had the highest market share of 7,572, followed by Nissan Leaf, 5,535. Germany’s Mercedes C Class came next with 5,164 followed by the BMW 3 Series 4,637. The lowest market share of 1,378 is held by is Germany’s Volkswagen Golf, which is 116 less than France’s Renault Zoe, whose market share is at 1,494.

Figures from the Department of Transport registrations of Ultra Low Emission Vehicles (ULEVs) have increased by 1,864% since 2011 which has seen the number of EVs registered on Britain’s roads rise from 2,129 five years ago to almost 100,000 at the end of last year. In addition, the increased demand from the British public for ULEVs is reflected by government initiatives and budget plans. The recent Clean Growth Strategy proposal suggests there will be an investment of £1 billion ($1.3 billion) to support the take-up of electric and other low-emission vehicles.

A standardised green score from the Council for Energy-Efficient Economy has revealed that most of the best cars for efficiency and emissions are purely electric models and the list of the most highly-rated is dominated by Asian Toyota, Mitsubishi and Nissan.

Simon Bayley, sales and marketing director of Moneybarn, said: “It’s a potentially exciting time for the UK car industry. Electric and alternative energy cars have now moved into the mainstream and are here to stay. With the government investing £1b in this sector there is an alignment between manufacturers and government that will hopefully encourage consumer purchasing for years to come.”  

A full breakdown of the number of registrations from 2011 to 2016 is available on the website.

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