The surge in electric vehicle registrations has been impressive. In March 2026 alone, the demand for EVs hit an all-time high, contributing to a 15% increase compared to the previous year. The Electric Car Grant (ECG) has played a crucial role, assisting more than 100,000 drivers in saving up to £3,750 on new purchases. For the first time, electric cars are now cheaper to buy than petrol models on average.

Key statistics:

• Over two million EVs registered across the UK.
• £7.5 billion invested by the UK Government to support businesses transitioning to EVs.
• 119,000 charging points available—twice as many as petrol pumps.
• Drivers can save up to £1,400 annually on running costs compared to petrol cars.
• A 177% surge in demand for used EVs reported in March year-on-year.

Heidi Alexander, Secretary of State for Transport, stated, “Today, over two million EVs are now registered across the UK – a landmark moment in the UK’s transition to electric, backed by £7.5 billion in government funding.” Ginny Buckley, CEO of Electrifying.com, added that reaching this milestone demonstrates how effective government support has been in facilitating driver transitions.

Industry experts see this growth as indicative of a robust market. Tanya Sinclair, CEO of Electric Vehicles UK remarked, “Two million electric vehicles in the UK shows that if the market offers choice, value and availability, drivers will snap it up.” However, Jarrod Birch from ChargeUK urged caution: “It could not be clearer that now is the time for government to hit the accelerator pedal on the EV transition…”

Looking ahead, officials emphasize the importance of expanding charging infrastructure. The government plans to invest an additional £600 million to deliver hundreds of thousands more chargers across the country. This initiative aims to ensure that as demand grows for electric vehicles—both new and used—drivers have accessible options for charging their cars.

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