New smart Electric Range

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.

smart EQ forfour
smart EQ fortwo cabrio

smart and Mercedes-Benz 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 Mercedes-Benz EQ range, and the new smart EQ fortwo, fortwo cabrio and forfour, 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 smart EQ range.

*At time of writing, March 2020.