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Deloitte comments on SMMT new car registration figures

06 February 2023

Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:

“Car sales have remained strong at the start of the year, with month-on-month new registrations up 14.7% in January. With around one in 20 UK consumers planning to purchase a car in the next three months, high consumer demand could carry through the rest of the year.

“Having reached a monthly record in sales in December, electric car sales remain strong with market share this month standing at 20%. Having the infrastructure in place to meet EV charging demand is still a challenge, and will be key to making EV ownership mainstream. Simplifying access to charge points, particularly for those consumers without off-street parking, will be important for continued growth. Consumers often cite price as one of the main barriers to switching to EVs so reducing this, at the same time as improving charging infrastructure access and availability, will make electric vehicle ownership more feasible.”