Deloitte comments on February SMMT figures
Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:
“February is typically the smallest month of the year for car sales, so the biggest February for over two decades will be welcomed by the industry. At the same time, a level of uncertainty remains for both consumers and manufacturers amidst ongoing economic challenges and regulatory changes.
“While electric vehicle sales have stagnated in the last couple of months, news that public electric vehicle charging should qualify for the reduced 5% VAT rate could be a landmark moment for electric vehicle owners in the UK, addressing affordability challenges and levelling the playing field for consumers. However, there is still work to be done to remove further barriers to charging, as consumers without access to off street parking are still lacking accessible infrastructure.”
ENDS
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