UK industry figures reveal that the one-millionth pure battery electric new car has been registered, according to the Society of Motor Manufacturers and Traders (SMMT). By the end of 2022, approximately 674,000 pure battery electric cars were licenced for use in the UK. The SMMT anticipates that pure battery electric vehicles will constitute over 20% of new car registrations this year.
The government's zero-emission vehicles (ZEV) mandate dictates that at least 22% of new cars sold by each manufacturer in the UK in 2024 must be zero emission, primarily electric vehicles. This requirement is set to increase annually, reaching 100% by 2035.
In an effort to encourage greater adoption of electric vehicles, the SMMT urges the Treasury to temporarily reduce VAT on new pure battery electric cars. Mike Hawes, SMMT chief executive, emphasises the importance of supporting private EV buyers in the upcoming budget, aiming to accelerate the transition from conventionally fueled vehicles.
He states, “It’s taken just over 20 years to reach our million EV milestone but with the right policies, we can double down on that success in just another two.
“Market growth is currently dependent on businesses and fleets.
“Government must, therefore, use the upcoming Budget to support private EV buyers, temporarily halving VAT to cut carbon, drive economic growth and help everyone make the switch.
“Manufacturers have been asked to supply the vehicles. We now ask Government to help consumers buy the vehicles on which net zero depends.”
Ian Plummer, commercial director at Auto Trader, considers the one-millionth electric vehicle sale in the UK a significant milestone, noting that some manufacturers are offering substantial EV discounts. He said: “Britain’s millionth new electric vehicle sale is a real milestone moment for the market.
“Considering the pressure on car manufacturers to meet a 22% electric vehicle sales target under the ZEV (zero-emission vehicles) mandate this year, it’s a good time to be an electric vehicle buyer with some manufacturers offering EV discounts as high as 40%.
“Electric vehicles may account for one in five sales this year, but there is still more ministers can do.
“Equalising the VAT on private and public charging points would boost running-cost savings and encourage more people to make the switch to electric.”
Recent SMMT data indicates an 8.2% increase in new car registrations last month, totaling 142,876. Additionally, the government announced a grant programme for schools in England to purchase and install electric vehicle chargers. State-funded schools and learning institutions can access grants covering up to 75% of installation costs, with funding capped at £2,500 per socket. These chargers, intended for staff and visitors, may also provide schools with revenue opportunities by offering public access to the power outlets.
