{"id":338915,"date":"2024-08-08T15:38:58","date_gmt":"2024-08-08T13:38:58","guid":{"rendered":"https:\/\/climatescience.press\/?p=338915"},"modified":"2024-08-08T15:39:00","modified_gmt":"2024-08-08T13:39:00","slug":"electric-car-sales-forecast-slashed-as-drivers-turn-to-secondhand-market","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=338915","title":{"rendered":"Electric car sales forecast slashed as drivers turn to secondhand\u00a0market"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT <\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

h\/t Ian Magness<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Car makers have slashed their forecast for <\/em>electric car sales<\/em><\/a> this year amid an ongoing slowdown in demand.<\/em><\/p>\n\n\n\n

The Society for Motor Manufacturers and Traders (SMMT) now predicts electric vehicles (EVs) will account for 18.5pc of the new car market in 2024, down from an earlier prediction of 19.8pc.<\/em><\/p>\n\n\n\n

EV registrations surged higher in July but <\/em>sales to private consumers continued to slump<\/em><\/a>.<\/em><\/p>\n\n\n\n

In figures published on Monday, the SMMT also revised down its forecast for the 2024 new car market as a whole, from 1.984m vehicle sales to 1.968m.<\/em><\/p>\n\n\n\n

Within that estimate, the projected number of EV sales has fallen from roughly 393,000 vehicles to 364,000.<\/em><\/p>\n\n\n\n

Mike Hawes, chief executive of the SMMT, said the figures still represented annual growth but warned that weakening demand for EVs among private consumers \u2013 despite heavy discounting by car makers \u2013 remained the industry\u2019s \u201coverriding concern\u201d.<\/em><\/p>\n\n\n\n

Car makers have been given <\/em>legally-binding targets in Britain<\/em><\/a> to ramp up sales of EVs, but several have called for the tough rules to be matched with financial incentives for consumers amid slower-than-expected demand.<\/em><\/p>\n\n\n\n

Mr Hawes said: \u201cMore people than ever are buying and driving EVs but we still need the pace of change to quicken, or else the UK\u2019s climate change ambitions are threatened and manufacturers\u2019 ability to hit regulated EV targets is at risk.<\/em><\/p>\n\n\n\n

\u201cAchieving market transition at the pace demanded requires greater support for consumers and action on incentives and infrastructure is needed now.\u201d<\/em><\/p>\n\n\n\n

https:\/\/www.telegraph.co.uk\/business\/2024\/08\/05\/car-makers-slash-ev-sales-forecast-amid-demand-slowdown<\/a><\/p>\n\n\n\n

Apparently Mike Hawes considers his main role as fighting climate change, not looking after the interests of his members, or the motor industry as a whole.<\/p>\n\n\n\n

Even the new forecast of 18.5% EV sales is highly unlikely to be achieved. Seven months in and YTD sales still only stand at 16.8%.<\/p>\n\n\n\n

\"\"
.https:\/\/www.smmt.co.uk\/vehicle-data\/car-registrations\/<\/a><\/figcaption><\/figure>\n\n\n\n

Hawes\u2019 solution is always the same \u2013 more taxpayer subsidies to be thrown down the drain. Why does he not get a grip, stand up and demand that Starmer drops all EV targets and allows drivers to buy what they want?<\/p>\n\n\n\n

The problem of hitting EV mandated targets is even more intractable than it seems. Again we see that very few private buyers want one. Whereas they account for 38% of all car sales, private purchases only stand at 19.4% of EVs:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Apparently Mike Hawes considers his main role as fighting climate change, not looking after the interests of his members, or the motor industry as a whole.<\/p>\n","protected":false},"author":121246920,"featured_media":338922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691830037,691821977,691830039,691830038],"class_list":{"0":"post-338915","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-electric-car-sales","9":"tag-electric-vehicles-evs","10":"tag-mike-hawes","11":"tag-the-society-for-motor-manufacturers-and-traders-smmt","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/08\/0newspress-collage-24099905-1695454898331.webp?fit=1920%2C1080&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1qan","jetpack-related-posts":[{"id":294113,"url":"https:\/\/climatescience.press\/?p=294113","url_meta":{"origin":338915,"position":0},"title":"EV Share Of Sales Slump In\u00a02023","author":"uwe.roland.gross","date":"07\/01\/2024","format":false,"excerpt":"Britain\u2019s car market has\u00a0shrunk permanently\u00a0since the pandemic as the rise of home working and shift towards net zero hammers sales, industry chiefs have said.","rel":"","context":"In \"Britain\"","block_context":{"text":"Britain","link":"https:\/\/climatescience.press\/?tag=britain"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0grave.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0grave.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0grave.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0grave.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0grave.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":416624,"url":"https:\/\/climatescience.press\/?p=416624","url_meta":{"origin":338915,"position":1},"title":"Electric Car Demand Sinks as Drivers Face Pay-Per-Mile Tax","author":"uwe.roland.gross","date":"08\/12\/2025","format":false,"excerpt":"Demand for electric cars has slumped as Rachel Reeves prepares to hit them with a\u00a0new pay-per-mile tax.","rel":"","context":"In \"electric vehicle (EV)\"","block_context":{"text":"electric vehicle (EV)","link":"https:\/\/climatescience.press\/?tag=electric-vehicle-ev"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/OIG.RSiK_.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/OIG.RSiK_.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/OIG.RSiK_.jpeg?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/OIG.RSiK_.jpeg?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":279552,"url":"https:\/\/climatescience.press\/?p=279552","url_meta":{"origin":338915,"position":2},"title":"Motor Industry Demands Subsidies for EVs, as Sales\u00a0Stagnate","author":"uwe.roland.gross","date":"20\/09\/2023","format":false,"excerpt":"When will the motor industry and government get the message that the vast majority of drivers don\u2019t want the useless things?","rel":"","context":"In \"Britain\u2019s car industry\"","block_context":{"text":"Britain\u2019s car industry","link":"https:\/\/climatescience.press\/?tag=britains-car-industry"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0mfrack_realistic_photo_of_future_of_EV_55b41576-f7aa-40d7-ba28-0dbc33178df0.jpeg?fit=1200%2C673&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0mfrack_realistic_photo_of_future_of_EV_55b41576-f7aa-40d7-ba28-0dbc33178df0.jpeg?fit=1200%2C673&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0mfrack_realistic_photo_of_future_of_EV_55b41576-f7aa-40d7-ba28-0dbc33178df0.jpeg?fit=1200%2C673&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0mfrack_realistic_photo_of_future_of_EV_55b41576-f7aa-40d7-ba28-0dbc33178df0.jpeg?fit=1200%2C673&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0mfrack_realistic_photo_of_future_of_EV_55b41576-f7aa-40d7-ba28-0dbc33178df0.jpeg?fit=1200%2C673&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":420415,"url":"https:\/\/climatescience.press\/?p=420415","url_meta":{"origin":338915,"position":3},"title":"EV Sales End Year Way Below\u00a0Target","author":"uwe.roland.gross","date":"08\/01\/2026","format":false,"excerpt":"In the UK specifically, EV sales reached about 23% of new cars in 2025, below the government's 28% mandate target, prompting criticism and expectations of further policy adjustments.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQOZAexPjuwHzfjnGtm4P7qiUybGkJkyvd3aib7W2hBy3bOuNrfhzGD_gfAI7qngsbwtBDGcywNWZRYCZNUdXW-ZptZvOa_fiiBkaSi-ZIJNjRSC6sLO4F3_GCYuA0zSId2HGwKD-oglgTGC5dhmmFBRK0vNYQ.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQOZAexPjuwHzfjnGtm4P7qiUybGkJkyvd3aib7W2hBy3bOuNrfhzGD_gfAI7qngsbwtBDGcywNWZRYCZNUdXW-ZptZvOa_fiiBkaSi-ZIJNjRSC6sLO4F3_GCYuA0zSId2HGwKD-oglgTGC5dhmmFBRK0vNYQ.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQOZAexPjuwHzfjnGtm4P7qiUybGkJkyvd3aib7W2hBy3bOuNrfhzGD_gfAI7qngsbwtBDGcywNWZRYCZNUdXW-ZptZvOa_fiiBkaSi-ZIJNjRSC6sLO4F3_GCYuA0zSId2HGwKD-oglgTGC5dhmmFBRK0vNYQ.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQOZAexPjuwHzfjnGtm4P7qiUybGkJkyvd3aib7W2hBy3bOuNrfhzGD_gfAI7qngsbwtBDGcywNWZRYCZNUdXW-ZptZvOa_fiiBkaSi-ZIJNjRSC6sLO4F3_GCYuA0zSId2HGwKD-oglgTGC5dhmmFBRK0vNYQ.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQOZAexPjuwHzfjnGtm4P7qiUybGkJkyvd3aib7W2hBy3bOuNrfhzGD_gfAI7qngsbwtBDGcywNWZRYCZNUdXW-ZptZvOa_fiiBkaSi-ZIJNjRSC6sLO4F3_GCYuA0zSId2HGwKD-oglgTGC5dhmmFBRK0vNYQ.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":341496,"url":"https:\/\/climatescience.press\/?p=341496","url_meta":{"origin":338915,"position":4},"title":"Petrol cars \u2018rationed to meet eco\u00a0targets\u2019","author":"uwe.roland.gross","date":"04\/09\/2024","format":false,"excerpt":"The Labour Government claimed it would grow the economy, but this crazy policy is having the opposite effect. Car sales are reduced, manufacturers\u2019 and dealers\u2019 profit margins squeezed, while cheap Chinese EVs flood the market.","rel":"","context":"In \"Automotive industry\"","block_context":{"text":"Automotive industry","link":"https:\/\/climatescience.press\/?tag=automotive-industry"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/09\/0byd_atto_3_01.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/09\/0byd_atto_3_01.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/09\/0byd_atto_3_01.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/09\/0byd_atto_3_01.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/09\/0byd_atto_3_01.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":372569,"url":"https:\/\/climatescience.press\/?p=372569","url_meta":{"origin":338915,"position":5},"title":"UK Car Industry at Risk from EV\u00a0Mandates","author":"uwe.roland.gross","date":"28\/03\/2025","format":false,"excerpt":"Overly ambitious sales targets and new taxes on electric vehicles (EVs) are putting more UK car plants at risk of closure, manufacturers have warned.","rel":"","context":"In \"Automotive industry\"","block_context":{"text":"Automotive industry","link":"https:\/\/climatescience.press\/?tag=automotive-industry"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/0_CarsMAIN.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/0_CarsMAIN.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/0_CarsMAIN.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/0_CarsMAIN.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/0_CarsMAIN.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/338915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=338915"}],"version-history":[{"count":5,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/338915\/revisions"}],"predecessor-version":[{"id":338924,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/338915\/revisions\/338924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/338922"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=338915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=338915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=338915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}