Tesla’s record sales in the United Kingdom help the company hit a new milestone in terms of electric market share.

Technology Travel

In 2021, Tesla achieved record sales in the United Kingdom, and fresh automobile registration statistics reveal that it helped the country hit a new electric market share milestone: over 10% for the first time.

With automobile sales down across the board since the epidemic, EVs have a better chance of gaining market share. In 2021, EV market shares in some markets have skyrocketed.

We’ve seen a few climb over 10% market share, but they’re generally smaller areas, which is why what’s occurring in the UK is so spectacular.

The Society of Motor Manufacturers and Traders (SMMT) revealed December figures as well as projections for 2021. It revealed that the market share of battery-electric vehicles increased from 6.6 percent to 11.6 percent:

For the first time in a long time, the market share of gasoline-powered vehicles has fallen below 50%. With the Model 3 being the best-selling EV on the market, Tesla contributed the most to this achievement.

The electric sedan outsold the following three most popular electric vehicles combined:

The Tesla Model 3 was also the second best-selling car in the UK last year, with 34,783 units delivered in 2021:

Several smaller European markets have also set new records as a result of Tesla’s Model Y deliveries, although the UK hasn’t benefited from this since Tesla has yet to develop a right-hand-drive version of the electric SUV.

Reaching a market share of over 10% for BEVs in a large car market like the UK is a huge achievement.

Because of how popular the category is in North America, we won’t see that until there is mass manufacturing of electric pickup trucks, but we are still witnessing a significant market change.

Things start to move quickly when you’re virtually doubling market share every year.

I wouldn’t be shocked if something similar happens in the UK this year, especially with new EV cars like the Model Y hitting the market.

 

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