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Electric vehicles drive new car registrations

04 December 2020
Peter Barnes, partner and Head of Automotive at global legal business DWF, comments on the SMMT's new car registration figures, released today.
Peter said: "The UK new car market registrations fell once again in November, with 113,781 cars registered, -27.4% year-on-year fall. This follows the continued downward trend in new car sales and was almost to be expected given the stifling closure of showrooms during the latest lockdown measures.

"The automotive industry has faced many challenges this year and with a trade deal yet to be agreed, Brexit is still one of them. 

"On a positive note, electric cars have risen year on year, by +74.1 per cent,  and the anticipation is that such sales will continue to increase following the news last month that the Government is backing the UK's car manufacturers to accelerate the transition to electric vehicles. However, whilst the 2030 date had been backed by businesses operating some of the UK’s largest private-sector fleets, many carmakers and trade bodies have expressed anger at the new target, claiming that the industry is not ready to deliver such a rapid transition, and that the costs of the transition will need to be passed on to the consumer in the absence of further government support."

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