Electric Vans Lag Behind

“NEW VAN registration figures indicate that market confidence is improving, following in April its fourth consecutive month of growth, and a clear indication that supply chain shortages are easing,” said Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA).

April’s new van market recorded overall growth of 4.9% with 22,665 new LCVs registered.

The large 2.5-3.5t market remains the highest performing sector, representing 67% year-to-date of all LCVs registered.

Battery electric light commercials recorded an impressive growth of 62.6% in April, and now hold a market share in 2023 of 6.6%, but the economic supply of diesel-powered LCVs still holds a substantial proportion of the van and light commercial market share (92.5%). “It is apparent that far more needs to be done to support the transition to zero emissions for commercials,” said Sue Robinson.

The post Electric Vans Lag Behind appeared first on Transport News.

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