Deloitte comments on SMMT new car reg figures for August 2023
Jamie Hamilton, automotive partner and head of electric vehicles, comments on new car registration figures from the Society for Motor Manufacturers and Traders (SMMT):
“New car sales continue to show a steady upward trend in the month before the new ’73 registration plates arrive. Growth in the electric vehicle space is accelerating, with sales of battery electric vehicles accounting for 1 in 5 of all new car sales in August.
“New brands entering the market are helping to broaden the range of EV models now available in the UK market and, with the easing of supply chain issues, demand is being met at a faster rate.
“Looking ahead, the number of EVs should be in line with the new Zero Emission Vehicles mandate being introduced in January. However right now, there needs to be a faster rollout of EV charging points. Continued improvement in the underlying infrastructure will be crucial if growth is to keep up with the rising thresholds for subsequent years.”
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Imran Choudhury
Public Relations Manager
ichoudhury@deloitte.co.uk