UK electric van uptake rises in bumper March

By / 7 months ago / UK News / No Comments

New van registrations soared past the 50,000 mark in a bumper March for fleet renewal.

Electric van uptake reached the highest volume on record for a new plate month

A total of 52,916 new vans, 4x4s and pickups were registered last month, up 11.1% and heralding the best March performance for three years, with volumes now just 7.7% below Q1 2019 pre pandemic.

Demand was up across all LCVs, bar medium-sized vans, according to the new figures from the Society of Motor Manufacturers and Traders (SMMT).

Small vans bounced back with a 44.8% boost to 986 units, while largest models – those weighing more than 2.5 tonnes to 3.5 tonnes – rose 16.1% to represent more than two-thirds (67.3%) of the market.

Demand for medium-sized vans fell slightly by 3.6% to 8,939 units. Pickup volumes increased to 5,767, up 0.1% compared with a particularly strong month last year, while demand for the latest 4x4s rose by 29.1% to 1,632 units.

Uptake of new battery electric vans (BEVs) continued to rise, up 14.7% to 2,906 units, which marked the highest volume on record for a new plate month. This gave a 5.5% market share – up slightly from the 5.3% in March last year but still way short of the 10% target for 2024 under the ZEV mandate.

The SMMT said urgent action was needed to improve the confidence of operators – from large fleets to small businesses and the self-employed – to switch to the growing range of BEV models on offer.

Alongside the retention of existing – and essential – purchase incentives, the industry body has said that a national plan for van-suitable public charge points remains crucial to tackling fleet charging anxiety.

It’s also urged action to tackle the cost of VAT on public charging, which is four times higher than private or home charging and presents another obstacle for businesses planning to transition to a net zero fleet – both issues were also spotlighted to the Transport Minister this week by members of the Zero Emission Van Plan coalition.

Mike Hawes, SMMT chief executive, said: “A strong new plate month with the greatest number of zero emission vans joining UK roads is a bellwether of the sector’s progress, cutting emissions while keeping British businesses on the move. Industry is ready to deliver further, but with green uptake still below mandated levels, swift action is needed to give new van buyers the confidence to go electric. Rapid delivery of van-suitable public charging points and removing the hurdle of taxation on their use are key to greener fleets and a greener future.”

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Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.