Friday, May 24, 2024

UK new car sales hit 30-year low but electric vehicle demand soars

NEW car registrations in the UK fell last year to their lowest level in three decades, new figures show.

Despite a recovery in the second half of 2022, a continuing parts shortage hit production lines.

Meanwhile, demand for electric vehicles continued to grow and they accounted for almost a fifth of new car sales.

But charging infrastructure is not being built quickly enough to cope with growing demand, warned the Society of Motor Manufacturers and Traders (SMMT).

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