46.1% share), fleet sales increased 33.1% to 68,537 units (51.5% share) and businesses sales increased 13.3% to 3,111 units (2.3% share).SMMT is less optimistic about growth in demand for BEVs, downgrading their expected 2023 market share from 19.7% to 18.4%, with high energy costs and insufficient charging infrastructure anticipated to soften demand. The latest outlook for 2024, meanwhile, suggests that 22.6% of new car registrations will be BEV...

Automotive Sales Data  Updated at: 2024/02/06

emic-related global parts shortages saw overall registrations for the year fall 2.0% to 1.61 million, around 700,000 units below pre-Covid levels.Manufacturers face a Zero Emission Vehicle Mandate from 2024 (the details of which have still not been published). As a result, accelerated investment in charging infrastructure is needed if consumers are to be confident they can make the switch and brands are to have a chance of securing sufficient sup...

Automotive Sales Data  Updated at: 2023/02/08

New Energy Vehicle (NEV) production and sales, along with vehicle exports, all delivered y/y performances better than ever. To provide support for the development of the NEV industry, four Chinese ministries, including the Ministry of Transport (MOT), issued a plan to accelerate the construction of charging infrastructure along highways.Overall vehicle production and sales in August totaled 2.395 million units and 2.383 million units, representin...

Automotive Sales Data  Updated at: 2023/02/07

of this market segment, which has just started to grow in Russia. Unfortunately, this measure has not been discussed with the industry. We believe that the adoption of this Order will increase prices of e-vehicles for end-customers and slow down their sales dynamic as well as the development of the charging infrastructure. The final Year 2021 results will be announced at our annual press-conference on 13 January 2022, where we will try to give an...

Automotive Sales Data  Updated at: 2022/02/25

models are there, with two of every five new car models now able to be plugged in, drivers have the widest choice ever and industry is working hard to overcome Covid-related supply constraints. The biggest obstacle to our shared net zero ambitions is not product availability, however, but cost and charging infrastructure. Recent cuts to incentives and home charging grants should be reversed and we need to boost the roll out of public on-street c...

Automotive Sales Data  Updated at: 2022/02/25

clean air zones have taken their toll on buyer confidence, with demand for new cars at a six-year low. A stalling market will hinder industry’s ability to meet stringent new CO2 targets and, importantly, undermine wider environmental goals. We urgently need more supportive policies: investment in infrastructure; broader measures to encourage uptake of the latest, low and zero emission cars; and long term purchase incentives to put the UK at the...

Automotive Sales Data  Updated at: 2020/01/10