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According to the Society of Motor Manufacturers and Traders (SMMT), which (Oct. 5) released its most recent vehicle registration information for the automotive and light commercial vehicle (LCV) markets.
As for cars, more than 225,200 were registered in September, 4. 6% more than in September 2021. The SMMT notes that September brings a monthly backlog of registrations, as buyers this month benefit from the new plates.
While registrations are still one-third below pre-pandemic levels, the SMMT is that electric car registrations have been as affected by the pandemic or the next economic downturn as gasoline and diesel registrations.
Pure electric models accounted for 16. 9% of all new car registrations in September. Hybrid electric models accounted for another 18. 4%. Diesel cars occupied just 4. 6% of the market share, up from 5% last September.
So far, SMMT has tracked the registration of nearly a quarter of a million cars in 2022, bringing the UK’s overall inventory above one million for the first time.
In the light commercial vehicle market, the MTMS recorded a 10. 8% year-on-year increase in registrations and the first monthly increase in 2022. 4. 4% of light commercial vehicles registered in September were purely electric, compared to 2. 9% in September 2021. .
SMMT lead executive Mike Hawes said: “In September, one million UK electric cars hit the road, a vital milestone in the shift towards zero-emission mobility. Battery-electric cars represent only a small fraction of cars on the road, so I want to make sure that each and every lever is pulled to inspire motorists to make the substitution if our green goals are to be met.
The UK is banning the sale of new petrol and diesel cars and vans in 2030 as part of plans to succeed in network 0 until 2050 and meet interim carbon budgets.
Industry Response
British Gas’ parent company, Centrica, is bidding to electrify its entire fleet of 12,000 cars by the end of 2025.
Commenting on the most recent SMMT figures, British Gas’ Director of Electric Vehicles, Kim Royds, said: “As the adoption rate of electric cars increases, so does the strain on the UK’s charging station network, the demand for ultra-fast charging providing more convenience for drivers.
“The continued adoption of electric cars depends on government and decision-makers ensuring that the deployment of the charging network is done correctly. This means focusing on accessibility, convenience for users, and making sure newer technologies (adding ultra-fast chargers) are put in a position to build a network that has compatibility for the future.
Under Boris Johnson, the UK government set out an infrastructure strategy for electric cars earlier this year. The strategy outlines how £1600 million will be spent on investments to build public charging stations over this decade.
David Borland, Head of Automotive for EY UK and Ireland, also responds to today’s SMMT updates. He said: “Despite the withdrawal of the add-on subsidy earlier this year, sales of battery electric cars (BEVs) have continued to rise. Registrations of new BEVs increased by 16. 5% in September, with a cumulative of more than 40% since the beginning of the year. Plug-in hybrids continued to disappear with relief of 11. 5% and 15% respectively. This now means there are over a million plug-in cars on UK roads, which is the first of many future problems.
“In addition, the interest in electric vehicle production plants in the UK by global OEMs bodes well for the country’s plans to adopt electric cars in the future. cars, with consumers balancing anticipated and ongoing charges. Another challenge that is being configured is the VAT difference between public and personal invoicing. Faced with the burden of any crisis, every penny will count.
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