THE UK new car market declined slightly in November as new registrations fell by 1.6 per cent to 151,154 units, according to the latest figures from the Society of Motor Manufacturers and Traders.

The sixth fall this year was driven by a 5.5 per cent decline in overall demand from private buyers.

Fleet uptake edged up 0.2 per cent, while business buyer volumes, traditionally a very small part of the market, rose 18.0 per cent.

Battery electric vehicle (BEV) uptake, supported by the Electric Car Grant, rose to reach 26.4 per cent share of the market, just ahead of the 25.1 per cent achieved in November last year.

However, with volumes rising just 3.6 per cent, this represented the weakest month for BEV growth in almost two years.

Hybrid electric vehicle (HEV) uptake rose slightly by 1.3 per cent to comprise 13.1 per cent of the market.

The fastest growth was recorded by plug-in hybrids, up 14.8 per cent and accounting for 11.9 per cent of registrations.

As a result, electrified vehicles achieved a record market share for the year of 51.4 per cent, with petrol- and diesel-powered vehicles recording their third consecutive month as a minority of registrations.

Although BEV registrations are now at record volumes - with 426,209 joining the road in the last 11 months - their 22.7 per cent year-to-date market share still falls significantly short of the 28 per cent annual government target.

The SMMT said while the recent Budget provided some essential support to accelerate the transition to electric vehicles - including additional funding to extend the Electric Car Grant, an uplift in the threshold from which EVs would be subject to the VED Expensive Car Supplement, and more money for infrastructure rollout - plans to introduce a "pence per mile" electric Vehicle Excise Duty (eVED) will endanger the UK's net zero transition. Current proposals will quash demand right when it is needed to rise steeply, leaving the market even further adrift of government goals.

Mike Hawes, SMMT chief executive, said: "Even in a fragile market, zero emission vehicle uptake continues to rise, which is exactly what we need. But the weakest growth for almost two years - ahead of government announcing a new tax on EVs - should be seen as a wake-up call that sustained increase in demand for EVs cannot be taken for granted.

"We should be taking every opportunity to encourage drivers to make the switch, not punishing them for doing so, else the ambitions of government and industry will be thwarted."