2021 new car registrations grew by 1%, as 1.65 million new cars entered the UK market according to new figures released today by the Society of Motor Manufacturers and Traders.
The market is still down 28.7% on pre-pandemic 2019, representing the second worst year since 1992. Some good news on the other hand. 2021 was the most successful year in history for electric vehicle uptake as more battery electric vehicles were registered than over the previous 5 years combined.
The UK finished 2021 as the third largest European market for new car registrations but the second largest by volume for plug-in vehicles and the second largest for BEVs. It is only in ninth position overall, however, in Europe for BEVs by market share, underlining the progress still to be made, despite the UK having among the most ambitious targets of all major markets with the end of sale of new petrol and diesel cars scheduled for 2030.
Read more here: https://www.smmt.co.uk/2022/01/covid-stalls-2021-uk-new-car-market-but-record-ev-sales-show-future-direction/