The UK new car market rebounded with 24.0% growth in April 2026, reaching 149,247 registrations – the best April performance since 2019. According to the Society of Motor Manufacturers and Traders (SMMT), this recovery follows an unusually weak April 2025 when buyers pulled purchases forward to beat incoming vehicle tax increases. The two millionth electric car was registered during this period, marking a significant milestone for EV adoption.

Electrified vehicles maintained strong momentum, accounting for 53.2% of all new cars in April. Battery electric vehicles (BEVs) captured 26.2% market share during the low-volume month, a robust performance despite the UK's 33% BEV mandate target remaining unmet. SMMT data shows BEV registrations jumped 59.1% compared to the previous year, while plug-in hybrids rose 46.4% and hybrids increased 18.8%.

Despite April's positive momentum, industry outlook for 2026 has been revised. While total registrations are now expected to reach 2.093 million (up from previous 2.048 million forecast), BEV share has been downgraded to 26.8% from 28.5% after an underperforming first quarter. SMMT Chief Executive Mike Hawes warns that mounting compliance costs threaten consumer choice and the sector's competitiveness without urgent policy review.