Electric car sales in UK flatline, prompting calls for VAT cut - eviltoast

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%.

  • jabjoe@feddit.uk
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    10 months ago

    Argh, sorry. Some how missed the not.

    I think we are saying same. Maybe EV ads should talk home charging. Frankly, right now, it’s a bit questionable if you go EV without it. Though I met one guy charging at a public charger, who lives in flats and has very high milage. What he does is use a local Tesla charger bank over night at a low rate. But that doesn’t scale of course.