New data from Nationwide Vehicle Contracts suggests EV sales are on track to increase by 54% in 2026, compared with 35% growth in 2025.
With fuel prices continuing to fluctuate, many drivers are rethinking the long-term cost of petrol and diesel vehicles. Combined with a growing range of competitively priced electric models and improved battery ranges, more motorists are making the switch to electric.
A number of factors are driving the continued growth of the electric vehicle market.
Over the past five years, the range of electric cars available in the UK has expanded significantly, with more than 150 models now on the market. At the same time, prices have become more accessible, with several models available for under £30,000, while average driving ranges have increased to around 300 miles.
With greater choice, improved affordability and longer battery ranges, electric vehicles are becoming an increasingly practical option for everyday driving, whether it's commuting, family journeys or longer trips.
Nationwide Vehicle Contracts' internal sales data shows how buyer preferences have evolved in recent years.
The most popular EV by year (2024-2026) has been:
1. MG MG4 EV
2. Renault Scenic E-Tech
While the MG4 EV remains Nationwide Vehicle Contracts' best-selling electric vehicle overall during this period, demand is increasingly shifting towards larger, family-focused models.
Vehicles such as the Volkswagen ID.4, Cupra Born, Renault Scenic E-Tech and Peugeot E-5008 have all grown in popularity as motorists prioritise practicality, space and longer driving ranges.
According to Nationwide Vehicle Contracts, as more competitively priced EVs enter the market and ownership becomes increasingly cost-effective, more motorists are choosing electric for their next vehicle.
“2026 is set to be a landmark year for electric vehicle adoption. As more affordable models become available and drivers look to reduce their running costs, many of the barriers that once held people back are beginning to disappear.
For many motorists, switching to an EV is becoming an increasingly practical and cost-effective choice”
Lower running costs, improved affordability and a wider choice of models are all helping to accelerate demand for electric vehicles.
With fuel prices remaining unpredictable and the range of electric vehicles continuing to expand, many drivers are finding there has never been a better time to consider making the switch.
Whether your priority is lowering running costs, reducing emissions or benefiting from the latest EV technology, today's electric vehicles offer greater choice, improved range and more affordable options than ever before.
If you're considering making the switch, browse our latest electric car lease deals to explore a wide range of EVs designed to suit every budget and lifestyle.
Originally posted: 9th July 2026