Government-backed EV incentives targeted at consumers must be implemented to help ensure mass market take-up, according to the Society of Motor Manufacturers and Traders (SMMT).
UK registrations of new vans rose 5.0% to 16,303 units in August supported by rocketing demand for eLCVs and medium-sized vans.
The UK used car market continues to bounce back strongly from a challenging 2022, supported by recovering production levels and surging demand for EVs.
Grey has retained its top spot as the UK’s most popular new car colour for the third year running, but drivers of electric vehicles have different priorities.
UK new car registrations fell 4.1% in April with plug-in hybrid demand dropping by more than a third.
Demand for plug-in hybrids (PHEVs) is showing signs of slowdown after the Government axed the plug-in car grant for these vehicles in October.
Fleet and overall new car registrations fell again in October despite rises in hybrid and plug-in registrations, leading many fleet experts to deride the Government’s “baffling” cuts in Plug-in Car Grant funding.