Britain forecast to reach peak gasoline this year in landmark moment for electric vehicles Published Thu, Dec 5 20241:06 AM ESTUpdated 5 Hours Ago thumbnail Sam Meredith @in/samuelmeredith @smeredith19

2024, although this figure is expected to steadily decline to just 11.1 million by 2034. At the same time, it is expected the number of EVs on Britain’s roads will soar to 13.7 million over the next decade as affordability improves, up from 1.25 million in 2024. The EV share of the new car market is projected to rise from roughly 18% this year to 23% in 2025, Auto Trader said, noting that this is still some way below the 28% target for sales under the U.K. government’s Zero Emissions Vehicle (ZEV) mandate. “Peak petrol is a genuine landmark for the UK,” Auto Trader’s Ian Plummer said in the report. Read more Britain’s car finance