New LCV 2022 registrations down to lowest levels since 2013

2022’s LCV registrations are in sharp contrast to 2021 when a strong post-pandemic market saw 355,380 vehicles registered. The decline equates to a fall of over a fifth (20.6%) with the SMMT citing persistent supply chain issues resulting in limited model availability, despite strong order books for new vans throughout last year.

All categories of LCVs saw year-on-year drops in registrations, with the 2.0 to 2.5 tonnes sector showing the largest decrease of almost a third (31.0%).

However, the demand for battery electric vans (BEVs) continued to grow, with 16,744 units registered; an annual increase of 31.2%. While the uptake of battery electric vans still lags behind the new electric car market, new electric van registrations now account for 5.9% of all vans registered in the UK in 2022, up from 3.6% in 2021.

*www.logistics.org.uk/van

Published On: 05/01/2023 16:00:49

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