As EV sales surge, the UK car industry could be about to reach a turning point

Last year, electric car registrations in the UK topped those of Germany. The number of UK sales (382,000 vehicles) came from growth of 21.4% on 2023, making the UK the largest market for electric vehicles (EVs) in Europe for the first time. In Germany, meanwhile, registrations fell by more than 25% to 380,000 vehicles in 2024 as consumer subsidies of up to €4,500 (£3,800) for private buyers were withdrawn amid a budget crisis. And at the same time, the installation of charging points across the UK has accelerated. More than 20,000 points were added, a growth of 38% that brings the total to 73,699. Growth was particularly marked for the number of ultra-rapid (over 150kW) chargers with 7,021 added, and for “destination” chargers at venues such as restaurants. This news could go some way to reassuring would-be buyers, who are often seen to be concerned about the lack of public charging points.