One in five new cars bought in November 2022 was an electric car.

The data is from New AutoMotive’s Electric Car Count (ECC) indicates that petrol’s share of the market fell by five percentage points year-on-year, making up only 44 per cent of all new vehicle sales – this is the lowest petrol market share outside of a lockdown period.

Ben Nelmes, CEO, said: “It is encouraging to see the continued recovery in new car sales in the UK, after a difficult period for the market. Electric vehicles have helped drive this recovery, growing again both in sales volume and market share year-on-year, while petrol sales are stuck in the slow line, with their lowest market share outside of a lockdown month.”

Part off the rise in EVs is attributed to finance and leasing costs that have risen over the last 12 months for some cars, whilst the cost of leasing some electric models has fallen and they have demonstrated cheaper running costs as well.

Tesla was responsible for 21 per cent of all electric cars registered, up from 15 per cent in the same month last year. BMW made the top three for the fourth month in a row, coming in at second place, and further cementing its status as one of the incumbent manufacturers best poised to capitalise on the ever-growing popularity of EVs within the UK market. In third place, Chinese owned British marque MG was responsible for 7.48 per cent of all EV registrations - a consistent showing, roughly the same as the share of the market it claimed in October.

Genesis, the luxury vehicle division of the South Korean vehicle manufacturer Hyundai, was the fasted transitioning brand (moving from ICE to EV sales) with 92 per cent of all vehicles it sold in the UK being electric in November. In second place, roughly one in every two cars registered by Cupra was electric, and, in third place, 43 per cent of new MG cars registered were electric. Brands that are totally electric are not seen as transitioning.

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