UK Electric and Hybrid Cars Market Report 2023
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Stay ahead of the curve and future-proof your business with Mintel’s UK Electric and Hybrid Market Report 2023. Our full report is packed with consumer-led market intelligence, the latest EV and hybrid car market research, trends and consumer behaviours affecting your business. Get a 360° view of the electric and hybrid car market UK, including market size, share and forecasted growth to help you align your business strategy with the needs of your audience.
Below, we’ve handpicked the key insights analysed in the full report and summarised the core topics.
Sales of electric and hybrid cars will continue to gain ground on vehicles powered solely by petrol or diesel. However, the announcement by the UK Government in September 2023 that a ban on new IC sales would be pushed back from 2030 to 2035 is likely to dilute consumer appetite for B-EVs.
Investment needed in public EV charging
Despite the expansion in the number of charging sites and chargers, Mintel sees further opportunities to expand what is a critical issue for current, and potential, owners of EVs.
Hybrid technology not to be overlooked
The role of hybrid technology shouldn’t be overlooked by manufacturers in the rush towards the full electrification of powertrains. With both on-board and plug-in hybrid technologies able to be offered to buyers, such flexibility is likely to be important in countering current concerns by many about purchasing electric cars.
Purchase our UK Electric and Hybrid Car Market Report to receive a five-year forecast, consumer behaviour analysis, and recommendations for market opportunities. Readers of this report may also be interested in our UK Car Finance Market Report 2023.
Toyota, Electreon, Go Eve, Jaguar, Polestar, Nissan, Kia, Ford, Audi, Lexus, Renault, Peugeot, Volvo.
This report, written by Neil Mason, a leading research analyst, delivers in-depth commentary and analysis to highlight trends in the electric and hybrid car market and add expert context to the numbers.
Despite cost of living concerns, sales of electric and hybrid cars continue to rise helped by lower prices and increased consumer confidence.
Neil Mason
Head of Retail Research
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.