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The Growth of Electric

The day when electric cars dominate the passenger cars market no longer seems quite so distant. The growing trend towards electric power has seen a sharp increase in both production and sales of these vehicles, and it is forecast that electric vehicles will account for a fifth of all car sales in the UK by 2026. 

Previous fears of a lack of infrastructure are also being quashed, with a 167% growth in the number of charging points in the UK from 2017 to the start of 2020.

Following this trend, the sales of pure electric (BEV) and plug-in hybrid (P/HEV) vehicles over the last year have continued to grow. The total market for BEV and P/HEV registrations has seen a 74% year-on-year growth in 2020 year to date* with 38,467 total sales so far.

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Mercedes-Benz and smart have combined for 518 sales already this year, with a 60-40 split between P/HEV and BEV respectively, and this is expected to increase.

With the recent launches of the new smart EQ range and the Mercedes-Benz EQC, along with the coming releases of the Mercedes-Benz EQA, EQB, EQS and all-electric G-Class, the growth of electric vehicle sales is expected to continue its rapid rise.

As a result of this, Daimler has targeted quadrupling their share of BEV and P/HEV sales in 2020, and to have an all-electric fleet of ten models spanning a variety of classes by the end of 2022.

Click here to find out more on the Mercedes-Benz all-electric and plug-in hybrid range.

*At time of writing, March 2020.