Common reductions for brand new electrical automobiles within the UK now exceed these for petrol automobiles – a watershed second within the new automobile market’s race to hit a mandated 22% of gross sales as electrical automobiles in 2024.
The latest half-year registrations knowledge from the SMMT revealed a market share of 16.6% for electrical automobiles up to now in 2024 – simply half a proportion level forward of 2023 – though demand was stronger in June, at 19%.
Nonetheless, the UK’s new automobile market should now overperform for the remainder of the 12 months to make up misplaced floor and hit that magical 22% mark.
