New HGV registrations declined by 2.7%, while zero emission HGV demand plunged by a “concerning” 16.5%, in the first quarter of 2026, according to the latest data published today by the Society of Motor Manufacturers and Traders (SMMT).
The decline in new HGVs follows a slight 1.7% rise in Q4 last year as fleet renewal continues to normalise following three years of sustained post-pandemic pent up demand, although growth is also constrained by the challenging economic backdrop, the report said.
The slight contraction in diesel HGVs reflects a mixed picture for the overall market, with demand for box vans down 20.1% to 766 units compared with Q1 last year, while registrations of curtain sided trucks fell by 31.6% to 525 units.
There was growth, however, in the tractor segment, with deliveries up 9.1% to 4,313 units, representing almost six in 10 (59.2%) of all new HGVs registered. Demand for tippers and refuse disposal vehicles also grew, up by 2.1% and 47.1% respectively to 865 and 765 units.
The SMMT said that more worrying was the 16.5% year-on-year fall in zero emission HGV demand from 97 to 81 units – representing less than one percent (0.9%) of the overall market.
It added that while the decline compares marginal volumes and follows a record year for ZEV uptake in 2025, volumes must accelerate substantially if the sector is to decarbonise by the deadlines sought.
The report pointed to manufacturers’ success in delivering ZEV models well ahead of natural demand, with more than 40 options currently available, but noted that tight business margins and a paucity of charging infrastructure are restricting operator demand. Costly depot upgrades and long waits for grid connections – potentially up to 15 years for larger projects – are also hampering operator confidence.
On a more positive note SMMT said that government funding through the ZEHID programme has been a key driver of ZEV uptake over the past year, predicting the updated Plug-in Truck Grant and Depot Charging Scheme should also help support demand in 2026, but the report warned that “every lever must be pulled to boost market confidence”.
The SMMT called for fast-tracking grid connections for road transport depots as “an essential next step” and for depots to be given the same planning priority as data centres, wind farms and solar projects, to reflect the crucial role the HGV sector has to play in cutting carbon emissions.
Mike Hawes, SMMT chief executive, said: “A tough economic environment continues to hamper new HGV demand and a return to growth is needed to keep Britain moving while reducing emissions.
“A weak start to the year for ZEV uptake is particularly concerning, despite impressive model rollout, reflecting the substantial cost and infrastructure challenges facing operators.
“With government consulting on new regulation to decarbonise the sector, a realistic and long-term approach will be essential, recognising the barriers and the technological solutions necessary for reducing emissions.”
