UK Electric Car Sales Surge to Record High as Government Subsidies Spark Demand – Your Capital Minds

Rise in electric vehicle sales drives new car growth

A sharp rise in electric vehicle sales drove a 13.7% increase in new car sales in September, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). […] The post Rise in electric vehicle sales drives new car growth first appeared on Bodyshop Magazine.

EV registrations hit record high as ECG drives demand

The new car market enjoyed its best performance in five years in September, with electric cars setting a new record for registrations. A total of 72,779 new pure EVs were registered last month – an 29.1% year-on-year increase and the highest ever number registered in a single month. The growth has been attributed in part to the Electric Car Grant (ECG) which offers up to £3,750 off a new EV, as well as manufacturers’ own discounts and special of…

UK electric car sales surge to record high as government subsidies spark demand – Your Capital Minds

Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry’s most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with a year earlier, reaching 72,800 units. September’s strong performance follows the …

UK electric car sales surge to record high as government subsidies spark demand

Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry’s most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with a year earlier, reaching 72,800 units. September’s strong performance follows the …