Q1 2024
New plug-in vehicle registrations amounted to 20.8% in Q1 2024, comprised of:
|
New Vehicles |
Q1 2024 Units (Market Share) |
Q1 2023 Units (Market Share) |
|
BEV |
7,971 (12.7%) |
9,297 (16.0%) |
|
PHEV |
5,094 (8.1%) |
4,626 (8.0%) |
Clearly there’s a significant decline in BEV registrations - down 1,326 units (-14.3%). As Q1 2024 new vehicle registrations otherwise increased 8.0%, a steeper decline was seen in BEV market share (from 16.0% to 12.7%). Conversely, PHEV registrations increased by 468 (10.0%), with a slight bump in market share (from 8.0% to 8.1%).
Registrations from used imports accounted for a further:
|
Used Imports |
Q1 2024 Units |
Q1 2023 Units |
|
BEV |
429 |
380 |
|
PHEV |
2,004 |
1,001 |
This indicates a significant, albeit from a low base, increase in BEV registrations – up 12.9%, & PHEV registrations doubling. It’s worth noting too that Q1 2024 used import registrations otherwise increased 24.2% v. Q1 2023, i.e. while BEVs while increased, it increased at a rate below the overall growth rate.
The top 5 most-registered BEVs in Q1 were the:
A full breakdown of Q1 is available below.
Looking at the top 10 new BEVs registered by manufacturer:
|
Manufacturer |
Q1 2024 |
Q1 2023 |
|
Volkswagen |
1,087 |
2,050 |
|
Hyundai |
926 |
1,461 |
|
Tesla |
833 |
678 |
|
BYD |
723 |
0 |
|
Kia |
639 |
760 |
|
MG |
567 |
195 |
|
BMW |
448 |
630 |
|
Audi |
367 |
395 |
|
Skoda |
365 |
479 |
|
Nissan |
364 |
385 |
Source: SIMI Motorstats
Decreases were seen in new registrations by the majority of manufacturers v. 2023, with Volkswagen worst affected to date – declining 47%. This wasn’t the case with the plug-in vehicle only manufacturers though – with both Tesla & MG on the up; both BYD & MG are new to the top 10 this year. Whether this improves over the coming quarters remains to be seen.
March 2024
New plug-in vehicle registrations increased to 22.1% in March, comprised of:
New BEV registrations, while up on February (market share increasing from 11.3% -> 13.5%), continue to disappoint (as discussed earlier). As with prior months, PHEV new registrations have remained strong.
Additional registrations from used imports accounted for a further:
The top 3 most-registered BEVs in March were the:
Provided below is a complete breakdown of new BEVs registered in March, registered so far this year, i.e. Q1, & registrations for the prior year:
|
Make |
Model |
Mar 2024 |
% sales Mar 2024 |
2024 (Jan - Mar) |
% sales 2024 (Jan - Mar) |
2023 (Jan - Dec) |
% sales 2023 (Jan - Dec) |
|
Tesla |
Model 3 |
214 |
10.7% |
465 |
5.8% |
1,143 |
5.0% |
|
Tesla |
Model Y |
208 |
10.4% |
369 |
4.6% |
2,220 |
9.7% |
|
Volkswagen |
ID.3 |
160 |
8.0% |
416 |
5.2% |
803 |
3.5% |
|
Skoda |
Enyaq |
125 |
6.2% |
365 |
4.6% |
1,259 |
5.5% |
|
Audi |
Q4 e-tron |
90 |
4.5% |
267 |
3.3% |
609 |
2.7% |
|
BYD |
Seal |
77 |
372 |
4.7% |
6 |
||
|
MG |
MG4 |
71 |
402 |
5.0% |
1,149 |
5.0% |
|
|
Kia |
EV6 |
70 |
270 |
3.4% |
936 |
4.1% |
|
|
BMW |
iX1 |
68 |
194 |
2.4% |
155 |
||
|
Kia |
Niro |
63 |
221 |
2.8% |
706 |
3.1% |
|
|
Volkswagen |
ID.4 |
62 |
456 |
5.7% |
2,922 |
12.8% |
|
|
Toyota |
BZ4X |
49 |
159 |
2.0% |
651 |
2.9% |
|
|
Hyundai |
Kona |
45 |
514 |
6.4% |
721 |
3.2% |
|
|
BYD |
ATTO 3 |
45 |
198 |
2.5% |
506 |
2.2% |
|
|
Volvo |
EX30 |
44 |
115 |
1.4% |
|||
|
Nissan |
Ariya |
42 |
140 |
1.8% |
106 |
||
|
BMW |
I4 |
42 |
111 |
1.4% |
543 |
2.4% |
|
|
Hyundai |
Ioniq 5 |
41 |
269 |
3.4% |
1,250 |
5.5% |
|
|
Nissan |
Leaf |
36 |
224 |
2.8% |
437 |
1.9% |
|
|
Kia |
EV9 |
35 |
148 |
1.9% |
11 |
||
|
Volvo |
XC40 |
33 |
188 |
2.4% |
429 |
1.9% |
|
|
Cupra |
Born |
33 |
150 |
1.9% |
635 |
2.8% |
|
|
BMW |
iX3 |
33 |
64 |
309 |
1.4% |
||
|
BYD |
Dolphin |
28 |
153 |
1.9% |
28 |
||
|
Mercedes-Benz |
EQE SUV |
27 |
65 |
18 |
|||
|
Renault |
Megane |
24 |
161 |
2.0% |
545 |
2.4% |
|
|
Polestar |
Polestar 2 |
21 |
74 |
313 |
1.4% |
||
|
Audi |
Q8 e-tron |
21 |
69 |
107 |
|||
|
Hyundai |
Ioniq 6 |
17 |
144 |
1.8% |
342 |
1.5% |
|
|
MG |
ZS |
17 |
116 |
1.5% |
270 |
1.2% |
|
|
Mercedes-Benz |
EQE |
14 |
127 |
1.6% |
168 |
||
|
Citroen |
EC4X |
13 |
27 |
22 |
|||
|
MG |
MG5 |
12 |
49 |
196 |
|||
|
BMW |
iX |
12 |
32 |
132 |
|||
|
Mercedes-Benz |
EQB |
10 |
82 |
1.0% |
119 |
||
|
Volvo |
C40 |
10 |
58 |
141 |
|||
|
Audi |
E-Tron GT |
10 |
20 |
102 |
|||
|
Volkswagen |
ID Buzz PC |
9 |
34 |
||||
|
GMW |
Ora 03 |
8 |
26 |
32 |
|||
|
Porsche |
Taycan |
7 |
44 |
191 |
|||
|
BMW |
I5 |
7 |
36 |
23 |
|||
|
Opel |
Mokka |
7 |
26 |
212 |
|||
|
Volkswagen |
Up |
5 |
89 |
1.1% |
153 |
||
|
Peugeot |
Rifter |
5 |
7 |
16 |
|||
|
Mercedes-Benz |
EQA |
4 |
45 |
91 |
|||
|
Citroen |
C4 |
4 |
36 |
62 |
|||
|
BMW |
7 Series |
4 |
10 |
31 |
|||
|
Peugeot |
208 |
3 |
29 |
204 |
|||
|
Citroen |
Berlingo Pass |
3 |
9 |
31 |
|||
|
Peugeot |
308 |
3 |
3 |
||||
|
Fiat |
500 |
2 |
16 |
130 |
|||
|
Ford |
Mach-E |
2 |
14 |
83 |
|||
|
Jaguar |
I-Pace |
2 |
13 |
64 |
|||
|
Citroen |
Space Tourer |
2 |
10 |
24 |
|||
|
Citroen |
Dispatch Pass |
2 |
2 |
||||
|
Peugeot |
2008 |
1 |
59 |
308 |
1.4% |
||
|
Volkswagen |
ID.7 |
1 |
48 |
||||
|
Volkswagen |
ID.5 |
1 |
44 |
317 |
1.4% |
||
|
Opel |
Astra |
1 |
13 |
||||
|
Mercedes-Benz |
EQS SUV |
1 |
13 |
28 |
|||
|
Audi |
E-Tron |
1 |
10 |
33 |
|||
|
Opel |
Corsa |
1 |
5 |
64 |
|||
|
Mercedes-Benz |
AMG |
1 |
4 |
6 |
|||
|
Jeep |
Avenger |
17 |
13 |
||||
|
Mini |
Mini Hatch |
14 |
284 |
1.2% |
|||
|
Mercedes-Benz |
EQS |
8 |
55 |
||||
|
Smart |
Smart |
6 |
|||||
|
Opel |
Combo Pass |
5 |
7 |
||||
|
Honda |
NY1 |
5 |
|||||
|
Subaru |
Solterra |
5 |
32 |
||||
|
Mazda |
MX |
3 |
23 |
||||
|
Fiat |
Doblo |
2 |
|||||
|
DS |
DS3 |
2 |
10 |
||||
|
BMW |
4 Series |
1 |
3 |
||||
|
Mercedes-Benz |
EQV |
1 |
5 |
||||
|
Honda |
Honda E |
1 |
17 |
||||
|
Ssangyong |
Korando |
1 |
|||||
|
Audi |
SQ8 |
1 |
|||||
|
Mercedes-Benz |
EQC |
15 |
|||||
|
Peugeot |
Expert |
5 |
|||||
|
Maxus |
MIFA |
8 |
|||||
|
Tesla |
Model S |
3 |
|||||
|
Tesla |
Model X |
5 |
|||||
|
Peugeot |
Unknown |
1 |
|||||
|
BMW |
X1 |
1 |
|||||
|
Opel |
Zafira |
11 |
|||||
|
Renault |
Zoe |
179 |
|||||
|
Total |
2,009 |
7,971 |
22,789 |
Source: SIMI Motorstats
*SIMI numbers reported may include a number of miscategorised registrations.