UK Electric vehicle demand up 229% year-on-year last month

Just 65,000 new models were bought by Britons last month, meaning year-to-date sales are 2.7 per cent behind the same period last year.

New vehicle registration stats were released by the Society of Motor Manufacturers and Traders today, confirming the downward trend throughout 2019.

The UK new car market fell -1.3% in November, with 156,621 models registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

This maintains the downward trend for new car registrations throughout 2019, as multiple factors, including weak business and consumer confidence, economic uncertainty and confusion over diesel and clean air zones, combined to affect demand.

In November, the decline was driven primarily by weak private demand, registrations down -6.1%, while the business market also fell, down -3.2%, but fleet registrations fared better, up 2.8%.

For the second consecutive month, total alternatively fuelled vehicle (AFV) registrations reached a record market share, with more than one in 10 cars joining UK roads either hybrid, plug-in hybrid or pure electric – equivalent to 16,052 cars.

Demand for the latest battery electric cars surged by 228.8%, with 4,652 registered, while the markets for plug-in hybrids and hybrids also rose by 34.8% and 15.0% respectively.

Elsewhere, petrol grew 2.0%, taking the lion’s share of all registrations (62.2%), as diesel fell -27.2%. Year-to-date, the overall UK new car market is down -2.7%, with 2.2 million cars registered, in line with current industry forecasts.

Source / More : Society of Motor Manufacturers and Traders

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