Battery electric vehicles (BEV) represent 1.8% of the used market, up from 1.0% last year
An absence of consumer incentives could mean the EV market could be lacklustre next year with the SMMT revising down growth to a market share of 22.3%.
Swift legislation could help deliver a £66 billion annual economic uplift offered by connected and automated mobility (CAM) technology.
UK manufacturers salute South Korea tariff deal
Consumer incentives must be put in place by the UK Government as a matter of urgency in the wake of its decision to delay the ban on the sale of new petrol and diesel cars from 2030 to 2035.
With one electric vehicle registered every 60 seconds, EVs now account for more than 16% of overall sales, making Britain Europe’s second largest zero emission car market by volume
Data for the August new car market shows that Tesla was the ninth most in-demand car brand, ahead of the likes of Mercedes-Benz, Peugeot, MG Motor and Volvo.
Two in every five (39.5%) cars made in the UK are now either high-tech hybrid electric (HEV), plug-in hybrid (PHEV) or battery electric vehicles (BEVs), according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
The UK's used car market continues to climb back towards its traditional level, according to data from the Society of Motor Manufacturers and Traders which reveals the first half of 2023 recorded 4.1% used car transactions growth year-on-year.
The number of new cars sold in July was up 28.3% versus July 2022, marking the 12th consecutive month of registrations growth since the market was hit by COVID disruption and supply issues.
UK car production is building momentum with an increase of 11.7% in the first half of the year to 450,168 units, according to the latest figures from the SMMT.
Analyst David Francis dives into the first half of 2023's new car registrations, and ponders has Ford handed the gold model to Volkswagen in ending the Fiesta, and why is Polestar a hotter prospect than Tesla?
The UK's new van and LCV market grew by 31.0% in June, with 34,630 units registered, the best performance since 2019, as supply chain shortages eased and larger vans dominated sales.
The new car retail registrations increased by 14.8% in June, but fleets are continuing to lead the market, according to the latest data by SMMT.
New car registrations increased by 16.7% in May, but the private market dropped slightly by 0.5% and fleets are driving the market with growth of 36.9%.
The average official full range of a new electric car coming to the market for the first time in 2023 has neared 300 miles, SMMT analysis suggests.
The UK’s used car market rallied with 4.1% growth in Q1 and EVs were the fastest growing sector, up by 56.5%, according to the latest data from the SMMT.
The UK new car market grew by 11.6% in April and the SMMT has now revised its 2023 outlook to a predicted 1.83 million vehicles.
The Society of Motor Manufacturers and Traders has countered claims that motorists are ready for the first MOT to move from a car's three-year to four-year age point with its own market research.
Van buyers were seemly unphased by the March plate change as February delivered record registrations for new light commercial vehicles (LCVs).
