The UK's auto market saw plugin electric vehicles take 39.4% share of new sales in December, a new record, up from 33.2% year on year.
The UK’s auto market saw plugin electric vehicles take 39.4% share of new sales in December, a new record, up from 33.2% year on year. Full electrics alone took almost a third of the market. Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. The Tesla Model Y was the UK’s overall 3rd best selling vehicle in 2022, and the top seller in December.
Full year 2022 diesel-only vehicles’ share amounted to 5.1%, down from 8.2% in 2021. For petrol-only vehicles, 2022 saw 42.3% share, down from 46.3% in 2021. Expect petrol’s rate of decline to accelerate in the coming years, once diesel sales have effectively ended.Tesla made their habitual end-of-quarter huge push in December, with the Model Y and Model 3 actually taking the for the month.
Far outside the top 20, the Ora brand saw a few initial deliveries in the UK , which we can deduce must have been the new Ora Funky Cat hatchback. This is a decent value offering in the premium hatchback segment, so let’s see how high Ora can climb.Here Tesla still has a massive lead, though this is again partly due to the brand’s habit of back-loading deliveries towards the end of the year .
Notice, however the general consistency in popular models between 2021 and 2022. The top 4 from 2021 shuffled down one place to make way for the Model Y, but otherwise kept their relative rankings. However, the Tesla Model 3 took a volume dip, which points to sibling “cannibalisation” from the Model Y. Yet across the two models, Tesla’s combined volume grew by 57% year on year — faster volume growth than the UK’s overall BEV market .
The biggest gainer was Geely which climbed from 9th to 5th. On the flip side, Hyundai Motor Group fell from 3rd to 6th, and Stellantis fell hardest, from 4th to 8th.I have partial and indicative data for 2021 . In 2021 VW Group had the overall lead, with Tesla in second. In 2022, VW Group lost market share, whilst Tesla gained share, and took the lead.
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