UK CV market reached peak diesel in 2019
By Jim Gibbins - 1st January 2021
UK - “For the UK market as a whole, the peak year of commercial vehicles with an internal combustion engine (diesel/petrol or hybrid) was 2019!” says Alastair Hayfield, senior research director at market research firm Interact Analysis, in a recent review of the UK truck powertrain market. “The economic impacts of Covid and Brexit will contribute to a short and partial recovery for commercial vehicles with internal combustion engines out to 2022,” continues Hayfield, “but we will never again see the volumes we experienced in 2019.”
Looking further at the changes in the UK marketplace, he says: “Growth in electric commercial vehicles is largely being driven by the light commercial/utility sector as these types of vehicles are typically used in urban deliveries – where there is significant pressure on fleets to move to zero emission – and where there is a potential cost of ownership advantage by switching to electric.”
