UK Plugin EV Share Grows YoY, BMW Leads In Could

The UK noticed plugin electrical automobiles take 18.3% share of the auto market in Could, from 14.7% YoY. Full battery electrics grew share nearly 1.5× YoY, and plugin hybrids misplaced share. General auto volumes had been down over 34% from pre-pandemic seasonal norms, at 124,394 models.

Market Share Tendencies

The mixed plugin whole of 18.3% in Could comprised 12.4% full battery electrics (BEVs), and 5.9% plugin hybrids (PHEVs). Final yr, Could 2021 noticed shares of 8.4% and 6.3%, respectively, so BEVs have once more grown strongly whereas PHEVs remained largely flat.

Diesel-only share remained weak at 6.1%, from 9.9% YoY. Petrol-only share was at 45.6% from 48.4% YoY. Mixed share of combustion-only powertrains will fall beneath 50% completely, in August or September on the newest.

Greatest Promoting BEV Manufacturers

With the UK’s long-term favorite BEV model Tesla quickly stymied by earlier Shanghai manufacturing lockdowns, different bands had an opportunity to shine in Could. BMW took the lead, with Kia and Volkswagen in second and third place.

Taking a step again to take a look at the 3-month view, Tesla nonetheless has an amazing lead, with a BEV market share near that of the following three manufacturers mixed.

Vital movers are Fiat, with roughly 3 instances the amount over the latest trailing quarter in comparison with the earlier one. Likewise MG Motor is round 2.3× up over the identical interval, and Citroen and Peugeot are 2.0× up and 1.9× up, respectively.

This comparatively sturdy efficiency by Stellantis manufacturers resulted in a bunch share of 14.4% from March to Could, in comparison with 10.1% over the earlier 3 months.

This outcome was nonetheless solely sufficient to safe Stellantis 4th spot within the manufacturing group rankings nevertheless, simply behind Hyundai Motor Group, which lately began to ship preliminary models of Genesis-brand BEVs to the UK.

Tesla nonetheless has the excellent lead with 20%, with Volkswagen Group in second with 15.3%:


There’s each financial and political uncertainly within the UK in the mean time, with inflation at document highs, particularly affecting meals and gas costs, and a authorities disaster additionally.

Demand for plugin automobiles is actually rising strongly towards the background of document road-fuel costs, however provide of plugins could be very restricted and ready lists are very lengthy, as they’re elsewhere in Europe.

This mixture of forces ought to translate into diminishing volumes of combustion-only gross sales and comparatively flat volumes of plugin gross sales YoY, which is able to nonetheless give plugins a rising share of the general auto market.

This being the case, we will count on mixed plugin share of excessive 30s or even perhaps breaking the 40% threshold by the top of this yr.

What are your ideas on the UK and European auto markets? Please be a part of within the dialogue beneath.



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