Industry Topics

2021 Automotive Sustainability Report

The past two decades have seen the UK automotive sector maintain its position as one of the country’s most important economic assets. Turnover is up 25.7% since 1999, to £60.2 billion last year, with a more than three-fold increase in R&D spending over the same period. However, the past year has seen the industry hit hard by the pandemic with automotive sector turnover down by -24.6%.

Automotive brands are investing billions into the development and production of new zero-emission models. In 2020 electric vehicles accounted for more than one in 10 registrations, with a 90% increase in the number of plug-in hybrid vehicles (PHEVs) alone. Today there are some 130 plug-in car models from which UK drivers can choose, with an increasing number of these made in Britain.