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The 82nd President of the Society of Motor Manufacturers and Traders (SMMT) will be Alison…
UK automotive sector calls for decisive action on infrastructure and competitiveness as it counts the cost of a second year of Covid impacts
Significant challenges remain, from semiconductor shortages to charge point availability.
Industry and government collaboration key to future sector and market competitiveness.
SMMT calls for automotive sector to be the engine of the UK’s future international trade deals after new report reveals vehicles are the nation’s most valuable exported good, worth £27 billion.
Total automotive sector trade drops -26% during pandemic-hit 2020 but still reaches £74 billion, benefiting every UK region.
Long-term global car market growth provides major opportunity to accelerate economy.
Supportive Rules of Origin to reflect post-Brexit supplier base and gigafactory investment will aid Global Britain in leading worldwide transition to electric vehicles.
Fresh analysis reveals just 4.6% of car registrations by private buyers in 2020 were for battery electric vehicles (BEVs), compared to 8.7% for fleets and businesses.
Industry sounds warning over 2030 ambition as retail incentives slashed, while 700 charge points need to be installed daily to support the market.
SMMT unveils blueprint for electric revolution calling for all stakeholders to do more for consumers, focusing on incentives, infrastructure and industrial transition.