UK: Plug-In Electric Car Sales Returned To Growth In August 2022

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UK: Plug-In Electric Car Sales Returned To Growth In August 2022
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UK: Plug-In Electric Car Sales Returned To Growth In August 2022 via insideevs.com

In August, new passenger car registrations in the UK increased by 1.2% year-over-year to 68,858, which is a good sign after five months of consecutive decline. However, during the first eight months of the year, car registrations were 11% lower than a year ago at 983,089.

The Society of Motor Manufacturers and Traders explains that in August car sales increased mostly because of battery-electric cars, which noted the highest year-over-year growth. Last month, some 13,890 plug-in electric cars were registered, which is 12% more than a year ago and 20% of the total market. It's not a bad result, considering three months of decline.

Important is the growth of BEVs by over 35% year-over-year to over 10,000 registrations, while plug-in hybrids continue its decline by 23% year-over-year to less than 4,000. Conventional hybrids were also down but by only 0.7%.PHEVs: 3,884 at market share of 5.6%So far this year, more than 199,000 new passenger plug-in cars were registered in the UK, reaching an average market share of over 20%.PHEVs: 61,680 at market share of 6.

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