Tag: SMMT
Car production falls 7.6% in first half of 2024 as firms invest in electric future
UK car production dips -7.6% in first half of 2024 as manufacturers continue switch to EVs Electrified vehicle production YTD also down -7.6% to 157,224 units Latest independent production outlook anticipates UK producing some 910,000 cars and light vans this year, down -9.3%, as factories repurpose. Sector looks forward to working with new government on…
Businesses boost EV growth as private sales remain sluggish
New car registrations up 1.7% in May in 22nd consecutive month of growth. Battery electric vehicle (BEV) market share rises to 17.6% in the month and 16.1% YTD. Retail BEV uptake declines less than overall private market as manufacturers subsidise ongoing transition. The UK new car market marked its 22nd consecutive month of growth as registrations…
New car sales grow in April but private EV share falls
New car registrations record 21st month of growth, rising 1.0% in April. Battery electric vehicle (BEV) market share rises to 16.9%, sustained by business buyers, as private retail demand continues to drop. New 2024 market outlook revises overall uptake upwards to 1.984m units, but BEV share downgraded to 19.8% as weakened private retail demand moderates expectations.…
UK car production falls 27% in March, says SMMT
UK car production declined in March, down -27.1% year on year to 59,467 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). It was the first fall since August last year and is in line with expectations for a variable year, as manufacturers adjust factories to produce…
Six consecutive months of growth for UK car production
UK car production rose again in February, up 14.6% to 79,907 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). ]It was the sixth consecutive month of growth and best February performance since 2021, with nearly all volume manufacturers posting uplifts, driven by output for the domestic…
UK vehicle production hits one million in 2023, SMMT claims
UK vehicle production tops one million units, up 17.0% in best year since 2019. 905,117 cars and 120,357 commercial vehicles made, with record electrified model output. £23.7 billion of private and public investment commitments announced in 2023. UK must now ramp up EV supply chain and deliver return on investments. UK vehicle production hit 1,025,474…
Apple pushes back EV launch date, children on TikTok for over 2 hours a day
Apple has pushed back the launch date for its long-rumoured electric vehicle and scaled back its self-driving features as the iPhone maker struggles with the shift from gadgets to cars. The Californian tech giant has delayed its internal target to launch a car from 2026 to 2028, according to Bloomberg. The vehicle will also have…
Record growth in ultra-rapid EV chargers, Zapmap report shows
Zapmap, the UK’s leading charge point mapping service, has published new year-end figures for EV charge point installations in 2023. Record growth in the number of ultra-rapid chargers and high-power charging hubs opening across the country to support EV drivers on longer journeys is the defining characteristic of the year. What's more, the new 2023…
Zuckerberg ‘ignored Clegg’ over child safety concerns, robot crushes man to death
Mark Zuckerberg ignored private pleas from Sir Nick Clegg to boost spending on child safety, a lawsuit has alleged, even as the former deputy prime minister publicly defended Facebook and Instagram over accusations that social media was harming teenage girls. The former Liberal Democrat leader, who is now the president of global affairs at Facebook owner Meta, called for…
October new car market grows 14% but EV growth stalls
October delivered 153,529 new car registrations, up 14.3% year-on-year and 7.2% above 2019. Battery electric vehicle (BEV) uptake recorded 42nd consecutive month of growth but struggled to increase market share New market outlook revised upwards to 1.886 million units with further growth anticipated in 2024, but BEV uptake expectations downgraded slightly. October’s new car market…
