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SMMT: Truck Renewals Fall as EV Uptake Hits Record

SMMT HGV social graphic
According to the SMMT report, HGV registrations fell 12% in Q1 2025. Meanwhile, the uptake of zero-emission trucks nearly doubled, but they still account for just 1% of the market.

Truck Fleet Renewal Falls in First Quarter, but EV Uptake Reaches Record Level

New heavy goods vehicle (HGV) registrations declined by 12.0% in the first quarter of 2025 according to SMMT. This reflects the ongoing normalisation of the market following the pandemic. While deliveries of new refuse trucks increased, demand in other segments fell. Meanwhile, the uptake of zero-emission trucks nearly doubled, reaching...

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