US EditionRegistrations of New Cars Down by 5 in July as Drivers Delay EV Purchases
UNITED KINGDOM, AUG 5 – Registrations dropped 5% to 140,154 units in July as uncertainty over electric vehicle grant eligibility slowed purchases, with battery electric vehicles making up 21.3% of the market, SMMT said.
- Registrations of new cars in the UK fell by 5% in July 2024 to approximately 140,000 amid delays in electric vehicle purchases.
- The slowdown occurred as buyers hesitated, awaiting further information about the government’s recently announced £650 million scheme to support electric vehicle purchases, which was revealed on July 14.
- The first eligible models, including Citroen e-C3, e-C4, e-C5, and e-Berlingo, offer savings of £1,500 to £3,750 depending on sustainability standards.
- Ian Plummer, commercial director at Auto Trader, noted that the grant has significantly increased consumer interest in electric vehicles, with consideration rising by 10 percentage points, while battery electric cars accounted for 21.3% of the market in July.
- With a government mandate requiring at least 28% of new cars to be zero emission this year, the market could see increased demand as discounts take effect and consumer certainty improves.
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Nation.CymruRegistrations of new cars down by 5% in July, figures suggest
The first electric car models eligible for new Government grants were announced on Tuesday. Registrations of new cars fell by 5% last month, preliminary figures suggest. Approximately 140,000 new cars were registered in July, compared with 147,517 during the same month in 2024. Battery electric vehicles (Bevs) held a 21% share of the new car market last month. The Society of Motor Manufacturers and Traders (SMMT), which released the preliminary…
New Car Registrations DOWN 5% in July
New car registrations in the UK fell by 5% in July as electric car sales stalled waiting for clarification on the Electric Car Grant. We’ve already declared the new Electric Car Grant a mess, failing to target private buyers and only half-baked when it was announced, and clarity on which EVs will be eligible still […] The post New Car Registrations DOWN 5% in July appeared first on Cars UK.
New car registrations stall in July but recovery expected
New car market declines -5.0% in July to 140,154 units following two months of growth. Battery electric vehicle registrations rise again but growth moderates to 9.1% as full Electric Car Grant eligibility urgently needed. Market year-to-date up 2.4% to 1.18 million units as 2025 outlook revised upwards to 1.9 million. Data download New car registrations data July 2025 DOWNLOAD ALL The new car market stalled in July with registrations falling…
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