Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:
“Another monthly year-on-year increase in car sales is positive news for the industry. The 0.5% increase compared to October 2024 shows that some consumers are not holding back on making significant purchases before this month’s Budget. Following on from the bumper month of sales in September, these results provide hope for a positive end to the year.
“With EV sales accounting for 25.4% of sales, an increase of five percentage points compared to last year, this is another positive month for manufacturers. It’s clear that consumer demand for EVs is there, however sales are being tempered by a lack of charging infrastructure. To ensure a level playing field between EVs and petrol and diesel vehicles, investment in infrastructure is still needed so that this is not a barrier in the wider quest towards net-zero. As more EV brands are entering the UK market and consumers have more choice, this is more important than ever.”
ENDS
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