With 30,300 new vans, pick-ups and 4x4s registered, it was the second biggest November in history for the market.
Growth was recorded across all van weight classes, with small van volumes up 128.6% to 999 units, medium vans rising by 9.8% to 4,999 units, while large vans saw volumes increase by 13.5% with 20,504 reaching the road.
With double-cab pick-ups set to be taxed as cars for benefit in kind and capital allowances purposes after April 2025, businesses that rely on these vehicles, such as construction, farming, utilities and the self-employed, will face further cost pressure.
Electric van uptake grew for the second consecutive month after four months of decline, rising by more than a third (36.7%) to 2,322 units, in part supported by the Plug-in Van Grant, which will now continue for the next financial year.
Market share also rose, from 6.1% to 7.7%. However, government has mandated that 10% of each brand’s new van registrations must be zero emission this year and year-to-date market share has reversed compared with 2023, down from 5.9% to 5.8%.
Michelle Gardner, Logistics UK's Deputy Director - Policy said: “It is positive to see such strong registration figures for light commercial vehicles, including the growth in electric van registrations following decline earlier in the year.
"Logistics UK is calling for government to further support electric van adoption through removing regulatory barriers and addressing the infrastructure challenges our members face when considering their adoption”.
