The market share for battery electric vehicles (BEVs) in September increased to 43% for fleets year-to-date, up more than 10% compared to the year's first quarter, according to Cap HPI.  

Plug-in hybrid electric vehicle (PHEV) market share, meanwhile, remains high at almost 22%, but this is down compared to earlier in the year when it accounted for more than 25%.

Examining the last quarter in isolation, PHEV's share is 19%.  

Fuel

Jan-Sep 24 Share

Jan-Sep 23 Share

Diesel

3.9%

4.8%

Petrol

25.3%

23.3%

BEV

42.7%

50.1%

PHEV

21.9%

16.7%

HEV

6.3%

5.1%

 

Andrew Turner, senior product specialist at Cap HPI consulting, said: “The data suggests that manufacturers and fleet are shifting their focus back to BEVs.  Although petrol's share remains strong, it accounts for a quarter of this market.” 

Top 10 September

1

Audi Q4

690

2

Mercedes EQA

499

3

Tesla Model Y

448

4

Mercedes EQB

411

5

Volkswagen Tiguan

388

6

Hyundai Kona

374

7

CUPRA Formentor

365

8

Range Rover Sport

360

9

Skoda Enyaq

356

10

Kia Sportage

320

 

He explained: “September's data includes some models not featured in the top 10 before, with the Mercedes EQB and Volkswagen Tiguan as new entrants. 

“The Range Rover Sport enters the top 10 at number eight, where PHEV technology's adoption helps substantially lower BIK costs than petrol or diesel versions.” 

The Tesla Model Y tops the year-to-date chart, with the Model 3 now in fourth place.  The year's early frontrunner, the A3, is in second, with its stablemate, the Q4, in third.

Jan-Sep 2024 (YTD)

1

Tesla Model Y

6,051

2

Audi A3

5,705

3

Audi Q4

4,461

4

Tesla Model 3

3,951

5

Volkswagen Golf

3,911

6

BMW i4

3,785

7

MG Motor UK MG4

3,086

8

Mercedes EQA

3,039

9

Kia Sportage

2,967

10

CUPRA Formentor

2,967