Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

EV share rises despite contracting market

SMMT: Tax hikes threaten electric vechicle sales targets targets

07 February 2025

 

Electric vehicles accounted for more than a fifth of new car registrations as overall market contracts by -2.5% to 139,345 units.

However, the automotive industry is calling for halt a to EV tax hikes as latest outlook anticipates 23.7% market share for 2025, which will mean they fall below government targets.

The UK new car market fell by -2.5% to 139,345 units in January, according to data released by the Society of Motor manufacturers and Traders (SMMT), which says weak consumer confidence...

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