PEUGEOT leads the electric van market
PEUGEOT has increased its car and van sales volumes by 32% year-on-year, with market share also rising by +0.8% to an overall 4.4%, according to the latest new vehicle registration figures published today by the Society of Motor Manufacturers and Traders (SMMT).
Strong sales performance in March contributed to a successful first quarter for PEUGEOT, with 15,852 vehicles sold for the month, resulting in its combined car and van market share climbing by +0.7% to an overall 4.3%, when compared to 2023. This increase sees PEUGEOT ranked as one of the top three UK brands for market growth. The brand’s share of the electric vehicle market also increased significantly from 3.9% to 4.9%, while its year-to-date EV market share has risen to 4.4%.
New E-208 is the UK’s best-selling small electric car
PEUGEOT has grown its share of the passenger car market in March by +0.7% to an overall 3.8%, while year-to-date it has recorded an even larger rise of +0.9% to a total of 3.9%. This represents 21,271 registrations so far this year, up 42% from the same point in 2023. The new PEUGEOT E-208 also tops its segment as the UK’s best-selling small electric car.
PEUGEOT leads the electric van market
PEUGEOT is the UK’s best-selling electric van (e-LCV) manufacturer both for March and year-to-date, with the new E-EXPERT a key contributor as the UK’s most popular electric van. In March, the brand’s share of the electric van market more than doubled from 11.7% to 26.6%. So far in 2024, one in five new electric vans registered in the UK has been a PEUGEOT (20.2%).
In the overall van market, PEUGEOT’s market share in March increased by more than half a percentage point to 7.3%, while its year-to-date market share also increased to 6.9%. PEUGEOT has sold 6,661 vans so far in 2024, representing a year-on-year increase of 9.3%.
From 2025, limited production of the new E-EXPERT will be manufactured at Luton, alongside continued production of the combustion van. The new PEUGEOT E-PARTNER is manufactured at Ellesmere Port, the UK’s first EV-only volume manufacturing plant. PEUGEOT, alongside its sister Stellantis brands, is the only brand to manufacture volume light commercial vehicles in the UK.
Adam Wood, Managing Director, PEUGEOT UK, said: “We’ve achieved a great result at the end of the first quarter of 2024, along with the E-208 continuing to top the small electric car market and our new electric van range leading the UK’s e-LCV market. With our share of the overall EV market also increasing, this demonstrates the strength and depth of our electric line-up, which already offers customers the widest choice of any mainstream European brand.”