Petrol cars tipped to fall to just 11 million in a decade
The number of petrol cars on UK roads is expected to almost halve in the next 10 years as the move toward electrification of the car parc gathers pace.
Analysis published by Auto Trader suggests that there will be just 11.1 million petrol cars in the market by 2034 compared to the 18.7 million today.
In contrast, it predicts that the number of electric vehicles will increase from 1.25 million to 13.7 million in a decade.
Meanwhile, diesels are expected to decrease from 10 million to 4.3 million.
Auto Trader says the shift will be driven by ever-stricter regulation, greater EV choice, and falling prices of used EVs, with one in three now priced under £20,000, which is a 25% increase on last year.
In the shorter term, EVs are forecast to make up 23% of all new car sales next year, up from the 18% recorded during 2024.
Ian Plummer, commercial director, said:
“Peak petrol is a genuine landmark for the UK. We expect to see a seismic shift in British motoring over the next decade as the number of petrol cars falls by nearly half and EVs take a much bigger share.