Tesla continues to lead the charge in the United Kingdom (UK), with the Model Y emerging as the best-selling car in December, and the best-selling EV of 2024.
According to the Society of Motor Manufacturers and Traders (SMMT), the Tesla Model Y was the top-selling car in December, surpassing all other vehicles – electric or otherwise – with 5,165 units sold. The Model 3 followed closely behind with 3,477 units.
Over the course of the year, the Model Y recorded 32,862 units sold, outpacing the Audi Q4 e-tron, which held the second position among EVs with 17,622 units sold, helping to push the UK EV market to a record 19.6% share.
“A record year for EV registrations underscores vehicle manufacturers’ unswerving commitment to a decarbonised new car market, with more choice, better range and increased affordability than ever before. This has come at huge cost, however, with the billions invested in new models being supplemented by generous incentives which are unsustainable,” said Mike Hawes, Chief Executive of SMMT.
Industry analysts have voiced concerns over the UK’s ability to meet ambitious zero-emission vehicle (ZEV) targets without further intervention. The 19.6% EV market share, while impressive, fell short of the government’s mandated 22% target for 2024. To meet the 2025 mandate of 28%, the market will need to experience a growth rate of nearly 50%.