“The final update for new car registrations in 2024 reflects consistent trends throughout the year. Fleet purchases drove the market while private purchases waned. However, it is encouraging to see full year battery electric vehicle sales accounting for 20% of new cars on the road. Albeit shy of the 22% goal, this consistent growth is promising for the year ahead. The industry’s primary focus should now be laser-focused on economic growth, recovery and working closely with the government to make meaningful, achievable steps towards zero-emission vehicle adoption.”
Philip Nothard - Insight & Strategy Director
Updated: 08/01/25