UK Car Market Revs Up—June Registrations Hit 6-Year High with EVs Leading the Charge

The UK’s new car market posted its strongest June since 2019, with registrations rising 6.7% year-on-year to 191,316 units, according to the Society of Motor Manufacturers and Traders (SMMT). The growth was fueled by fleet demand and a surge in electric vehicle (EV) adoption, even as private sales remained cautious.

 

Battery electric vehicle (BEV) registrations soared 39.1% YoY to 47,354 units, capturing 24.8% market share, while plug-in hybrids (PHEVs) rose 28.8%. Petrol and diesel sales declined, with petrol down 4.2% and diesel flat. Electrified vehicles now account for nearly half of all new registrations.

 

Fleet sales led the charge, up 8.5% to 114,841 units, while private sales grew 5.9%. Business registrations, however, dipped 15.8%. Despite the gains, the market remains 14.4% below pre-pandemic levels, and EV growth still lags behind the UK’s mandated targets—despite £6.5 billion in industry discounts since 2023.

 

Key Highlights:

Source: SMMT – Bumper June for UK Car Market