May Powered Two-Wheeler Registration Statistics
MCIA today released the market figures for May and year to date new vehicle registrations for motorcycles, scooters, and other L-category vehicles.
The total market in the month closed at -8.7% versus the same period in 2022 with year-to-date volumes at minus 5.2%. 2023 is proving to be a challenging year where much of the market decline is down to lower volumes in electrically powered PTW’s. Looking at the electric segments in more detail, it appears the market decline is due to reduction in demand from the last mile fleet operators which we expect to recover as the year progresses.
Volumes of larger capacity leisure motorcycles remains strong, enjoying 28.9% growth for the month which translates to a positive 19.4% for the
year to date.
Tony Campbell, CEO of MCIA said, “It is disappointing to see a slow-up in demand for the lower powered segments given how well these markets performed over the last 3 years. It is encouraging to see strong demand and volumes for larger capacity products which is so critical to the sector currently. We continue to work hard with Government to ensure full recognition of the key role this sector will play in the future of mobility and decarbonisation”.
More details on the May registration figures can be found here.
Please credit MCIA when quoting this information.
Notes for Editors:
The MCIA is the body that represents the UK Powered Light Vehicle (PLV) industry. PLVs can be defined as motorised lightweight scooters, motorcycles, tricycles and quadricycles, typically with zero or low-emission power.
Within regulation they are defined L-Category vehicles (Regulation 168/2013), they are an answer to the traffic congestion and air quality challenges created by personal and goods transportation.
For more information about the work of the MCIA and Powered Light Vehicles, or to interview MCIA CEO, Tony Campbell, please contact Gina Evans at email@example.com.