"The jump marks a 'rebound' following a distorted March, when consumers rushed to beat changes to vehicle taxation. Last year's April figures were unusually weak after buyers accelerated purchases to avoid the expansion of Vehicle Excise Duty (VED)."
"Electric vehicles were again the standout performers. Pure battery-electric cars accounted for 26.2% of all new registrations, up from 20.4% a year earlier, with volumes rising by almost 60%."
"Under the UK's zero-emission vehicle mandate, carmakers must ensure that 33% of new car sales this year are zero-emission - a threshold that effectively compels a rapid shift towards battery power."
In April, the UK car market experienced a significant recovery with 149,247 new car registrations, marking a 24% increase compared to the previous year. This rebound followed a decline in March due to consumers rushing to avoid new vehicle taxes. Fleet registrations rose by 26.8%, while private buyers increased by 20.2%. Electric vehicles led the growth, accounting for 26.2% of new registrations, reflecting both consumer acceptance and pressure on manufacturers to meet government targets for zero-emission vehicles.
Read at London Business News | Londonlovesbusiness.com
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