Notes from New AutoMotive
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Vans: electric registrations edge up - can businesses capitalise on the transition?
The electric van segment is failing to capitalise on the growth in registrations since last year, with its market share for the year to date, decreasing by 0.1% compared to last year. This time last year the electric segment saw a considerable jump in market share - the segment will have to similarly improve if it is to keep up, or surpass last years registrations.
7 in 10 drivers now want electric vans - what are the obstacles?
Electric vans took just 4% of the market this month, highlighting the task ahead for manufacturers, while diesels remain stubbornly high with a market share of 93%. New research conducted by Volkswagen Commercial Vehicles showed 70% of van drivers thought an electric van would be suitable for their business. This is further that consumer interest is there, but the government and the manufacturers must act on this in order to start seeing rises in uptake.
Strongest Month Of The Year So Far For e-Van Market
Provisional figures for van sales in the UK shows a positive month for e-vans, which claimed 7% of the overall market. This is an increase of 55% compared to last year's figures - a promising level of growth. However, 19,169 diesel vans were also registered this month, as diesel dominated the market - as it usually does. The e-van market still has a significant way to go to challenge this dominance, and manufacturers must take urgent steps to ensure they are on track for the 2030 phase-out.
Royal Mail takes delivery of electric vans as fleets go electric
Electric vans share of the Uk’s van market held steady in March, with 5% of all new registrations being fully electric. New electric registrations continue to be buoyed by commercial fleets taking advantage of the grants still available for businesses looking to make the switch. This month, Royal Mail took delivery of 82 e-vans at its Mansfield depot, and Bury council has added 15 new e-vans to its fleet. Those businesses who choose an electric van tend to keep them; according to Arval UK 90% of businesses which obtain an e-van using their medium term rental option choose to keep them at the end of their lease.
Electric vans remain the preferred consumer choice when compared to hybrids.
While February 2023 was not a bumper month for electric van uptake compared to February last year, the market for e-vans remained stable at 5%. E-vans are still the second most popular choice for consumers, behind Diesel. If electric is to make up ground on diesels dominance of the market, the government must do more to ensure motorists are empowered to make the switch and access the running cost savings e-van offer
Royal Mail deployed its 4,000th e-van in January
As we have come to expect, electric sales were not as strong in January as in previous months late last year. Just 4% of the new van market was electric in January, as the fuel type largely maintained its market position from this time last year. Despite this, there were positive signs for future growth in January, as Royal Mail deployed its 4,000th e-van - demonstrating just how effective a well planned electrification strategy can be.
December and Year in Review: Electric vans claimed 8% of the overall market
To mark the end of 2022, we are releasing a special extended edition of Electric Van Count. This edition will provide monthly figures for December, as well as look backward at the last 12 months and assess how e-van take-up fared over 2022.
Electric van market looks set to finish the year strongly
The UK’s electric van market looks set to finish the year strongly - despite another month of disappointing sales for the van market overall. The number of new diesel van registrations in November were down 39% compared to November 2021. In contrast, the actual number of new electric van registrations largely stayed the same, but has eaten into diesels market share since November last year. 9% of all new van sales in November were electric, meaning just under one in ten new van registrations were for a fully electric model.
Electric van market doubles year on year
After a boost in new van registrations in September, October was a return to gloomier times for the automotive industry. Despite this, the new electric van registrations remained strong - as they have for much of 2022. Electric vans market share doubled compared to October last year, whilst total sales volume also increased.
The UK van market has increased by 10% from September 2021
Van sales in September were higher than in the same month last year, marking a positive month for new vehicle registrations overall. It was also a good month for electric van sales, with registrations increasing 89% from September 2021.
Electric vans are chipping away at diesel’s dominance
August was a strong month for electric van sales, with electric accounting for 7% of the market. With new van registrations down a staggering 28% compared to August 2021, it is encouraging that electric vans continue to grow in both market share and total sales volume - the only fuel type to do so.
Electric vans accounted for 5% of all new vans sold in July, up from 3%
Electric vans accounted for 5% of all new vans sold in July, up from just 3% in the same month last year. Electric vans continue to be the fastest growing market segment, despite the overall number of new van registrations shrinking by 22% compared to July 2021.
Electric Vans have doubled their share of the new van market since June last year
The government’s planned ZEV Mandate has proposed setting a zero emission sales target of 8% in 2024. As the market is already hitting this target the government should prioritise creating highly ambitious targets that will push the market forward, rather than hold it back.