British car sales up 20% in September 2023, but electric vehicles lag behind

The latest data from the Society of Motor Manufacturers and Traders (SMMT) showed that new car registrations in Britain increased by about 20% in September compared to the same month last year. The growth was mainly driven by fleet buyers, while private consumers remained cautious.

The data also revealed that battery-electric vehicles (BEVs) saw an increase in volumes in September, but their market share declined among private buyers, who do not receive any purchase incentives from the government. This contrasts with other major markets, where electric car buyers benefit from subsidies and tax breaks.

SMMT had warned last month that the transition to electric cars in Britain would be hampered by any confusion over climate policy and the lack of adequate incentives for customers.

Electric car sales jump to more than 10 million last year with China leading the way