According to the Society of Motor Manufacturers and Traders, new car registrations rose 10.4% in March compared to the same month last year. But fleets drove the increase while electric vehicles struggled to keep pace with the overall market.
Category: Market
BYD Blazes Past NEV Milestone, Reaching 7 Million Vehicles Produced
BYD, the global leader in new energy vehicles and power batteries, has manufactured its 7 millionth NEV on March 25th, a Denza N7 SUV.
UK Car Market Sees Strongest February in 20 Years, But Calls Grow for Fairer EV Taxation
UK car registrations surged 14% year-on-year to 84,886 units, marking the 19th consecutive month of growth, with Battery Electric Vehicles continuing their upward trend.
Škoda Hits 200,000 Enyaq Production Milestone, Revs Up Electrification Strategy
Škoda Auto has reached a significant milestone in its electric vehicle journey, rolling off the 200,000th Enyaq and Enyaq Coupé model from its Mladá Boleslav production line.
Electric Vehicles Surge To 2 Million as Europe’s Car Market Rebounds
Europe’s automotive industry roared back in 2023, recording the highest number of new vehicle registrations since the pandemic struck, with a huge surge in electric vehicles.
Britain Hits Millionth EV Milestone, But Private Uptake Lags
The UK’s electric vehicle revolution reached a significant milestone in January 2024, with the millionth battery electric car hitting the road.
Nissan’s e-POWER Hits 100,000 Sales Milestone in Europe
Nissan’s innovative e-POWER technology has reached a significant milestone in Europe, surpassing 100,000 sales since its introduction in September 2022.
Tesla Model Y Cruises to Top Spot, Dethroning Toyota in 2023 Global Sales
In a historic shift, the Tesla Model Y is poised to become the world’s best-selling vehicle of 2023 ahead of the Toyota RAV4 and Corolla, marking the first time an electric car has claimed the top spot.
UK New Car Market Roars Back in 2023, But EV Growth Needs a Boost
The UK new car market roared back in 2023, recording its best year since the pandemic and reaching 1.903 million units, a 17.9% increase from the previous year, according to the latest figures from the Society of Motor Manufacturers and Traders.
BYD Becomes Global New Energy Vehicle Leader in 2023
BYD, the Chinese tech giant renowned for its electric vehicles and batteries, has capped off a monumental 2023 with record-breaking sales, solidifying its position as the world’s leading New Energy Vehicle manufacturer.