April 5 (Reuters) – UK new car registrations rose for the eighth month in a row in March, registering 18.2% growth on a year earlier, and also marked the best month ever for electric car sales at battery, according to industry data released Wednesday.
The Society of Motor Manufacturers and Traders (SMMT) said new car registrations rose to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the first quarter of 2023. the strongest three-month period since 2019.
Battery Electric Vehicle (BEV) sales reached a monthly record of 46,626, representing 18.6% year-over-year growth, while gasoline-powered vehicles remained the most popular fuel type at 56.3% of new units in March.
“The best month ever for zero-emission vehicles reflects greater consumer choice and better availability, but if the ambitions of the EV market and regulation are to be met, infrastructure investment needs to catch up.” , SMMT CEO Mike Hawes said in a statement.
The industry body said further investment in public charging infrastructure is key to the success of the Zero Emission Vehicle Mandate, which will be implemented in less than nine months.
John Wilmot, chief executive of car leasing comparison website LeaseLoco, said in a note that it would be rash to declare the auto industry is out of the woods just yet, as currently reported numbers were still well below pre-August levels. Covid.
Reporting by Sinchita Mitra and Aby Jose Koilparambil in Bengaluru; Edited by Shweta Agarwal and Sonia Cheema
Our standards: The Thomson Reuters Trust Principles.
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