Sales of electric vans continue to grow in November

News

Battery electric van (BEV) registrations have continued to grow in November, rising by 14.8% to reach 8.1% of the market – up from 5.5% in 2021, according to the Society of Motor Manufacturers and Traders (SMMT).

Increasing model choice and robust purchase incentives mean BEV volumes are up 46.5% year on year from January to November, although concerns remain over a lack of public charging infrastructure particularly for commercial vehicles.

Overall however, the UK’s new light commercial vehicle (LCV) market fell by -22.2% in November, with 24,352 registered.

The SMMT says that while the scale of the decline is artificially inflated in comparison with last year, which saw the best November performance in history, the total is the lowest recorded for the month since 2013, and is some -13.9% below the pre-pandemic five-year average. Performance has continued to be hindered by persistent supply chain issues, which have restricted production globally and limited availability.

Declines were seen across most of the sector, with deliveries of vans weighing 2.0 tonnes or under recording the largest decline of the month at -70.9%, followed by those of mid-weight vehicles weighing up to 2.5 tonnes, which fell -63.5%. The most popular segment, large vans weighing greater than 2.5 and up to and including 3.5 tonnes, declined by -17.9%. Meanwhile, pick-ups grew for their second consecutive month and 4×4 sector lines grew for their third, with registrations up 26.1% and 167.1% respectively, although these smaller volume sectors are subject to volatility.

Registrations are down -20.1% in the year to date at 260,314 units and some -23.2% off pre-pandemic volumes. As supply shortages hopefully ease, however, growth is expected to return in 2023, which will help drive a wider economic recovery and support the achievement of the UK’s net zero goals.

Light commercial vehicle registrations are estimated to grow by 13.8% in 2023, with BEV volumes expected to rise 60.7% to take an 8.7% market share. To harness the full benefit of this growth, government must take action to deliver economic recovery and encourage uptake as the sector continues to deliver its net zero transition. Measures that boost operator confidence are crucial to the transition to zero emission mobility and swift action must be taken to support BEV demand and crucial investment put in place to drive the rapid roll-out of suitable van charge point stations across the UK to bolster orders.

Mike Hawes, SMMT Chief Executive, said: "The UK van market has experienced a very difficult year, battling a multitude of challenges to meet demand, but has benefitted from an EV boost as operators increasingly make the switch to zero emission. As supply constraints ease, we look with some optimism towards next year and a return to growth. It is imperative, however, that government takes action to help accelerate commercial vehicle recharging infrastructure, so that the vehicles that keep Britain moving can fully deliver on their ability to boost the economy."