According to new research from AA Cars, drivers are nearly four times more likely to purchase a petrol or diesel hybrid as their next car than a full electric vehicle (EV).
A survey of over 11,000 British motorists reveals more than a quarter (27%) are considering buying a hybrid vehicle, compared to just 7% who intend to go fully electric.
The latest industry figures show that eco-friendly vehicles continue to gain traction, with new hybrid car sales rising by more than a third (36%) and battery EV sales increasing by 11% year-on-year in August, according to the Society of Motor Manufacturers and Traders (SMMT).
This growth is fueled in part by the arrival of newer models into the market as manufacturers expand their range of eco-friendly vehicles, which is also leading to better value for money.
A similar trend is emerging in the second-hand car market, where a greater variety of options and more competitive pricing are making these vehicles increasingly accessible to a wider range of consumers.
According to AA Cars’ latest Used Car Index, the average price of popular used electric and hybrid vehicles in the UK dropped by 19% in Q2 2024 compared to the same period last year.
Hybrids dominated the top 20 list, with Toyota Yaris, Toyota Prius, and Honda Jazz being the most popular options on the AA Cars platform, providing further evidence of consumers’ current preferences.
James Hosking, Director of AA Cars, commented, “Hybrids are a popular car for drivers looking to reduce their environmental impact without fully committing to electric cars.
“These vehicles blend traditional combustion engines with electric power, offering an accessible middle ground for those transitioning to a greener mode of transport.
“Hybrids also serve as an easy introduction to electric technology, helping drivers gain confidence before fully switching to EVs.
“As more electric models become available in both the new and used car markets, and charging networks expand, the demand for eco-friendly vehicles will continue to rise.
“Hybrids are playing a crucial role in this shift, bridging the gap between traditional and fully electric cars and paving the way for widespread EV adoption.”
[1]Yonder received 11453 responses from AA members to its online poll between August 13th and August 20th 2024. Yonder is a member of the British Polling Council and abides by its rules.
[2]SMMT new car registrations August 2024
[3] AA Cars compared the price of the top 20 most popular cars on its platform in Q2 2024 with Q1 2024 and Q2 2023.
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