Commentary | New Car Registrations January 2026
While the new car market overall is in growth, the virtually flat performance of the electric market is an early concern, being well below the 33% mandate for new electric vehicle sales this year. While almost two thirds of car buyers are considering an electric for their next car, there is clearly more to be done to ensure interest converts to sales. Mass electric adoption will need to come from the used market, but upfront affordability is the key barrier here so more Government support is needed – such as extending the Electric Car Grant to used EVs.
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