UK Electric vehicle demand slightly up in August
UK new car registrations fell -22.0% in August, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). 68,033 units were registered in what is traditionally one of the quietest months of the year for new car registrations ahead of the important plate-change in September.
The monthly performance was the weakest since August 2013, and down -7.6% against the average recorded over the last decade, due in part to constrained supply as the global shortage of semiconductors, an issue born of the pandemic, continues to undermine production volumes.1
Demand for the latest battery electric (BEV), hybrid (HEV) and plug-in hybrid (PHEV) vehicles, however, surged, up 32.2%, 45.7% and 72.1% respectively. In fact, demand for PHEVs has outpaced BEVs in five of the last six months since changes to the Plug-in Car Grant, affecting BEVs, were introduced in March.2 There are now some 130 plug-in models on the market, with the range ever-increasing.
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