ULEV registrations hit record high, SMMT finds

The number of ultra low emission vehicles (ULEV) being bought has hit record highs, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).

The SMMT data revealed that 41 per cent of the alternatively-fuelled cars registered in the first quarter of 2015 qualified for the government’s plug-in car grant, a 13 per cent increase on the same three-month period in 2014. Furthermore, 8,573 passenger vehicles with CO2 emissions lower than 75g/km were registered at the start of this year, which represents a a year-on-year increase of 386 per cent.

As more car buyers are clearly opting for these environmentally friendly options, it is likely that more car dealerships and garages will look to stock ULEVs. However, for motor trade businesses changing their stock it is important they evaluate their road risks insurance policy as specialist types of vehicles can sometimes require additional cover.

According to the SMMT, the most popular ULEVs on the market in the UK right now are the Mitsubishi Outlander PHEV, followed by the Nissan LEAF and BMW i3. In terms of location, the figures show that car buyers in the south are most likely to opt for an ultra-low emission vehicle, followed by Londoners and then those in the east of the country.

Hetal Shah, head of Go Ultra Low, a joint initiative by government and the UK automotive industry, commented on the findings: "The latest plug-in vehicle uptake figures prove that ultra-low emission cars and vans make sense for private and business users, especially with the potential for fuel costs as low as 2p a mile."