Sales of battery electric vans saw a significant decline last month, raising concern over the future of zero emission vehicle mandates (ZEVs).
- Registrations of battery electric vans dropped by 16.8% compared to the previous year, falling to 1,476 units registered.
- The market share of electric vans in new registrations now stands at 4.7%, down from 5.2% in the same period last year.
- Industry leaders acknowledge the efforts of manufacturers but stress the need for all stakeholders to support market transition.
- Concerns about price disparities and inadequate charging infrastructure highlight barriers to the growth of electric vans.
A notable downturn in battery electric van sales was observed last month, with figures showing a 16.8% decrease in registrations compared to the same month the previous year. This trend has sparked concerns among industry stakeholders regarding the implications for zero emission vehicle mandates (ZEVs).
Current data reveal that only 1,476 battery electric vans were registered, contributing to a year-to-date market share of 4.7%, which shows a decline from the previous year’s figure of 5.2%. This reduction comes despite the ongoing efforts from manufacturers to introduce new zero emission models and offer appealing deals.
Despite a decrease in the overall UK light commercial vehicle market by 4.5% to 33,066 units in June, the sector saw an impressive performance in the first quarter, with an increase of 4.5% and 177,620 new vans registered. This marks the best first-half result since 2021, underscoring the fundamental role of light commercial vehicles in economic growth.
However, the National Franchised Dealers Association (NFDA) has raised alarms regarding a noticeable drop in interest among retail and fleet buyers for electric light commercial vehicles. Sue Robinson, the chief executive of the NFDA, highlighted the challenge posed by the significant price difference between electric and traditional vans, alongside insufficient charging infrastructure for larger vehicles, calling on governmental intervention to address these barriers.
The Society of Motor Manufacturers and Traders (SMMT) has underscored the importance of coordinated efforts to rejuvenate demand for zero emission vans, citing the introduction of a well-supported van-specific charging network and enhancement of fiscal incentives as pivotal steps. Mike Hawes, SMMT’s chief executive, emphasised the necessity for immediate action to preserve the momentum in this crucial sector, given the vital contribution of electric vans to achieving net-zero targets.
The evident decline in electric van sales underscores the urgent need for strategic initiatives to bolster ZEV uptake and support net-zero ambitions.
