The number of new cars registered in the UK has jumped by nearly 18% but electric vehicle demand is flatlining, prompting the industry to call for a VAT cut to stimulate sales.

Annual figures released by the Society of Motor Manufacturers and Traders (SMMT) on Friday show 1.9m new cars were registered last year, well up on the previous year’s figure of 1.6m and the highest level since the 2.3m registrations of 2019.

The increase is a boost for the automotive industry after the pandemic led to supply chain problems and a shortage of vital computer chips that slowed production.

Across the year, 315,000 new battery electric vehicles were sold. That was 50,000 more than 2022, but the number being bought as a share of total registrations failed to grow as expected. They represented just 16.5% of the total, slightly down on last year’s 16.6%.

  • @Cort
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    26 months ago

    Dumb question from an American: why doesn’t the national grid install roadside chargers? They could put them everywhere and then have a card or NFC fob to link the charges back to your account with your provider of choice. That way people without a driveway could charge at the same electric rate they pay at home.

    • @[email protected]
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      36 months ago

      Nothing.

      Except we keep voting for people who are giving away new oil fields rather than planning for our future.