UK electric vehicle sales surge as fuel prices rise

Monday, October 15, 2018

Sales of electric vehicles reached a record high in Aug’18, accounting for one in every 12 new cars purchased in the UK according to the SMMT.

The number of total vehicles registered was up 23% on the same period in 2017 with hybrid, plug-in hybrid and pure electric cars making up 8% of the overall market.

The boom in sales comes as the cost of petrol and diesel continues to increase, with pump prices having risen 8 of the last 12 months. This trend is repeated across Europe with more than a million plug-ins now on the road with Norway leading the way with 37% of sales being electric or hybrid, followed by Germany.
From a manufacturing and engineering stand-point, there is a huge wave of investment and growth here in the UK within this field of technology being led by a number of OEM’s as well as battery technology companies and associated suppliers.

To find out more about working within this advanced, high growth field of manufacturing excellence, contact Steve Doyle, our specialist in Automotive EV and Battery technology.

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