EVs take record market share in August SMMT figures show new records for both pure EVs and overall EV market August’s electric vehicle registrations have set a new record, with plug-in models making up 4.4% of the UK’s market share, and pure-electric models making up 3.4% of registrations. The latest set of figures from the Society of Motor Manufacturers and Traders (SMMT) show that more than 3,000 pure-electric models and over 900 plug-in hybrid cars were registered in August. That’s ahead of the new registration plate that arrived on 1st September, and includes pre-registered models rather than outright sales. With more than 4,000 electric vehicles registered in the month, the plug-in car market performed well as the overall UK car market fell. Registration figures ended at -1.6% for August compared to the previous year. That contrasts with the 377.5% increase for pure-EVs over last year’s monthly total, more than offsetting PHEV’s performance of -71.8% in August. As such, pure-electric models took a 3.4% market share for the month, and PHEVs made up 1% of new registrations in August. Those figures are almost exactly mirrored from 2018’s results, where more than 3,200 PHEVs were registered at a market share of 3.4%, and pure-EV registrations were just over 650 units, at 0.7% market share. The latest figures reinforce the overall trends for2019 to date. The UK car market continues to fall, with uncertainty over Brexit often cited by industry leaders. PHEV registrations are also falling, with a few factors likely influencing the powertrain’s decline. Improved pure-EV range, the removal of the Plug-in Car Grant for PHEVs, and outright stock available to customers are all likely playing a part. For the year to the end of August, pure-EV and PHEV registrations are effectively tied. This has seen a significant increase in pure-EV registrations over PHEVs in recent months, with the first eight months of the year seeing 17,393 and 17,594 units registered for EVs and PHEVs respectively. Combined, they make up 2.3% of the market share for 2019 to the end of August.
Origin: EVs take record market share in August
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EV battery projects awarded share of 23 million
EV battery projects awarded share of £23 million The latest round of Faraday Battery Challenge funding has been announced The government has announced which projects have been awarded a share of £23 million in funding from the Faraday Battery Challenge to develop batteries for electric vehicles. Companies leading the projects range from small designers to large automotive manufacturers, with the aim being to bring together the car industry and academia to make the UK one of the world’s leading R&D centres for EVs. Winners include mining consultancy firm Wardell Armstrong, which will work with experts at the Natural History Museum and mining firm Cornish Lithium to lead a new study looking to develop a UK supply of lithium, helping to meet the massive demand expected from the transition to electric vehicles. Also awarded funding are a Jaguar Land Rover-led project to maximise battery performance while maintaining safety, and a study looking into the use of artificial intelligence in battery manufacturing, led by materials technology company Granta Design. This £23 million investment forms part of the total £274 million that will be awarded to groups across the UK through the Faraday Battery Challenge, part of the government’s Industrial Strategy Challenge Fund (ISCF). Faraday Battery Challenge Director Tony Harper said: “Across the three rounds of funding competitions we have now awarded a total of £82.6 million to 63 projects. This is a massive investment in business-led battery R&D in the UK, supporting innovative technologies and helping to build a UK supply chain that can compete on the global stage.”
Origin: EV battery projects awarded share of 23 million