Used car market returns to growth as EV demand surges
- 11 August 2026
The UK’s used car market returned to growth in the second quarter, with sales of used EVs rising particularly strongly as a result of more buyer choices and surging fuel prices.
The UK’s used car market returned to growth in the second quarter, with sales of used EVs rising particularly strongly as a result of more buyer choices and surging fuel prices.
The UK light commercial vehicle market grew 22.0% in July, aided by growing demand for electric vans.
Robust fleet and private buyer demand alongside a huge surge in EV uptake have propelled the UK new car market to its best July performance since 2019.
UK light commercial vehicle registrations jumped 12.2% in June to reach 31,602 units, marking the third consecutive month of growth for the sector.
New car registrations have hit their highest level for June since before the pandemic, powered by a strong surge in private and fleet registrations alongside record-breaking electric vehicle uptake.
The Government must stand firm against car industry lobbying and protect the Zero Emission Vehicle (ZEV) mandate or risk missing legal CO2 targets and locking drivers into expensive fossil fuel bills, the
UK light commercial vehicle registrations grew by 3.6% in May, aided by rising eLCV demand although the transition to electric vehicles still significantly trails targets.
UK new car registrations surged 7.1% in May to the highest level since before the pandemic, with electric vehicles capturing over 27% of the market.
Sales of used electric cars soared to a new high in Q1 despite overall market stagnation, new figures from the Society of Motor Manufacturers and Traders (SMMT) reveal.
The UK’s new van market rose by 6.8% in April, marking a welcome return to growth and a boost for eLCV take-up.
The UK new car market soared 24.0% in April as the market rebounded from the introduction of new taxes for EVs last year.
The UK’s new light commercial vehicle market fell 3.4% last month on the back of plunging pickup demand and a fallback in electric van take-up.
The UK new car market achieved its strongest March performance in seven years with registrations rising 6.6%, driven by a record surge in electric vehicle volumes.
The UK’s new LCV market rose 1.1% in February as soaring demand for large vans offset a weak pickup market while uptake of electric vans also surged.
Registrations of electric cars rose in February but market share declined for a second month, prompting renewed calls for regulatory changes.
The UK new car market has posted its best start to a year since pre-pandemic 2020 but battery electric cars lost market share as demand shifted to plug-in hybrids.
Vehicle production in the UK fell 15.5% last year as uncertainty over tariffs and the cyber-attack at JLR added to a “tough year for auto”.
Maria Bengtsson, EY UK & Ireland mobility leader, comments on the SMMT new car registration figures for 2025, which rebounded in December as the impact of pre-Budget uncertainty faded.
The UK new car market grew for the third year in a row in 2025, breaching the two million mark for the first time since the pandemic, with 2,020,520 new car registrations,
UK registrations of new LCVs plummeted by more than a fifth (22.2%) in November, although battery electric van uptake soared.