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UK reaches million EV milestone

SMMT calls for an end to VAT on new electric vehicles

05 February 2024

 

Britain’s millionth EV registered during January, while the new car market grew 8.2% for the month, according to new figures from the Society of Motor Manufacturers and Traders (SMMT).

The first month of the year saw 142,876 new cars registered, an uplift of 10,882 units on January 2023, the best performance for the month since 2020 and the 18th consecutive month of growth.

The increase was driven entirely by the fleet market, which rose by 29.9%, while private retail uptake fell -15.8%....

+91% more

 

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