The UK new van market shrank again in August with a 13.3% decline but demand for electric vans rocketed.
The new light commercial vehicle market fell for the eighth month running in July, while electric van uptake soared.
New light commercial vehicle registrations fell for the sixth month running in May as weak business confidence held back fleet investment.
The UK’s new LCV market rose by 3.0% in 2024 to more than 350,000 registrations but the electric van market share remained static.
UK registrations of new light commercial vehicles have risen 10.5% in the second-best November on record but concerns are mounting over uptake of battery electric vans (BEVs) and pickups.
Demand for new light commercial vehicles rose 2.4% in October but industry concern for EVs and pickups is mounting.
The UK new light commercial vehicle market posted its 17th consecutive month of growth in May, as registrations rose by 1.9% to reach 25,853 units.