Press releases

Deloitte comments on SMMT new car registration figures: One in three vehicles sold now electric

05 January 2023

Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:

“A monthly record of one in three (32.9%) new car cars sold in December were fully electric, marking ongoing strength in demand for EVs. With fuel prices remaining high, and more fully electric models coming to market with improved battery range, the market share for new electric vehicle sales is likely to reach a new peak by the end of 2023.

“However, for battery electric vehicles to become truly mainstream, there is still a way to go in order for charging infrastructure to keep up with demand. Whilst moves are being made to do so, the charging infrastructure in the UK is fragmented and can be complicated to access. For example, EV drivers will often have multiple payment accounts - one for each charge point provider - so simplifying this to a single point of contact will be key.

“In terms of charge point volumes, it will be important to create charging accessibility parity between those drivers with a driveway, and those without. At that point, the practicality of switching to fully electric becomes a viable option for all.”

-Ends-

Notes to Editors

About Deloitte

In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk.

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