Overview

• Electric vehicles accounted for 25.1% of new car sales in the UK in November, exceeding the current Zero Emission Vehicle (ZEV) mandate target of 22%.
• Despite this record, EV sales for the year are projected to fall short of the 22% target, averaging around 19%, driven largely by significant discounting.
• The ZEV mandate will require 28% of new car sales to be zero-emission vehicles in 2025, with fines of £15,000 per vehicle for manufacturers failing to meet the target.
• Automakers like Ford and Stellantis, which lag behind in EV sales, have called for government support through grants or tax breaks to encourage consumer adoption.
• Analysts predict a long-term shift in the UK market, with gasoline car numbers expected to halve by 2034 as EV affordability improves and infrastructure expands.