UK New Car Market Sees Surge in Electric Vehicle Uptake, Industry Leaders Push for Fiscal Incentives

The UK new car market saw growth for the second consecutive month in June, with registrations up by 6.7% to 191,316 units, marking the best June since 2019. Despite the positive trend, the market remains 14.4% lower than in 2019. Fleet activity was the main driver of growth, increasing by 8.5%. Electrified vehicle registrations reached a 48.5% market share, with BEVs jumping 39.1% to 47,354 units. Industry leaders stress the need for fiscal incentives to boost BEV demand and economic growth, aiming to meet the 2030 deadline for ending combustion engine car sales.

Read more at Yahoo Finance: UK new car market sees surge in EV uptake in June: SMMT