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Cost of energy is critical for UK Auto’s growth
SMMT’s latest used car market data is a welcome indicator that Britain’s EV transition is moving in the right direction – even if not as quickly as hoped. All-electric models accounted for more than one in 18 transactions between April and July, up from one in 30 the year before and helping drive the overall market past two million units for the first time in half a decade. Given the used market is where most motorists buy their next car, continued growth is what we all want – but it depends on a functioning, healthy new car market and, in terms of EV demand, a robust ecosystem.


UK vehicle production down as pressures persist

