UK Electric Vehicle Sales Hit Record July Highs
The Society of Motor Manufacturers and Traders reports record July EV registrations, though warns that heavy manufacturer discounting to meet government mandates is unsustainable.
New car registrations in Britain grew 11.7% in July 2026 to 156,571 units, the best July performance since 2019. This growth was driven largely by battery electric vehicles (BEVs), which saw a 44.5% year-on-year increase to reach 43,547 registrations. The Renault 5 emerged as the month's most popular electric model, followed by the Kia EV3 and Jaecoo E5. This surge is attributed to government incentives, manufacturer discounts, and consumer demand for lower-cost motoring sparked by global oil shocks from the war in Iran.
Despite these records, the Society of Motor Manufacturers and Traders (SMMT) warns that BEV market share of 27.5% remains below the 33% target required by the government's Zero Emission Vehicle mandate for 2026. Chief Executive Mike Hawes stated that manufacturers are losing billions through discounts to avoid regulatory penalties, which he argues threatens industry viability and competitiveness.
Market data from Autotrader indicates that one in two new car inquiries in July was for a plug-in vehicle. While the British Vehicle Rental and Leasing Association notes strong EV adoption in fleets, it highlights significant gaps in the van market and inconsistent public charging infrastructure. Analysts from AA Cars suggest the current growth in new registrations will eventually bolster the used EV market by increasing the supply of younger part-exchange vehicles.