LONDON, Sept. 5 (Xinhua) -- Britain's battery electric vehicle (BEV) registrations rose 14.9 percent year on year in August to reach the highest market share in 2025, data from the Society of Motor Manufacturers and Traders (SMMT) showed.
The market share stood at 26.5 percent in August, also marking the fourth highest on record, according to a report from the SMMT.
It attributed the rapid growth to the zero emission transition in UK, fueled by manufacturer investment in model choice, hefty discounting and a new fiscal incentive from the government.
In the first eight months of this year, Britain's new car market expanded 2.1 percent to a five-year peak, although still about 15 percent down from pre-pandemic levels. The share of BEVs came in at 21.9 percent during the period.
In mid-July, the British government launched an Electric Car Grant to support the transition to zero emission vehicles and incentivize sustainable automotive manufacturing. It offers 650 million pounds (about 878 million U.S. dollars) of grant funding for purchase of new zero emission cars priced at or under 37,000 pounds.
"There is now a vast choice of electric models across all segments and many consumers will also, for the first time in three years, benefit from a grant to help them switch to electric," said SMMT chief executive Mike Hawes, noting that with more models being added to the government's grant each week, there is now every reason for drivers to make the switch, helping deliver both economic growth and decarbonization. (One pound = 1.35 U.S. dollars)
