UK: Plug-in car sales growth stalled in May 2022
All-electric cars are still expanding, but plug-in hybrids continue to decrease. In May, new passenger car registrations in the UK decreased by 20.6% year-over-year to 124,394, which is the second weakest May since 1992. The year-to-date result is also weaker than a year ago (661,121, down 8.7%). The market situation is very challenging now,
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Used car buyers double up on electric vehicles as market grows 5.1%
UK used car market grows 5.1% in Q1 2022 with 1,774,351 cars changing hands. Sales up in January (17.7%) and February (7.4%), but down in March (-6.8%). Market for used BEVs more than doubles, up 120.2% marking a record Q1 for transactions. The UK’s used car market increased 5.1% in
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Two-thirds of motorists want an EV as fuel prices soar
Two-thirds of motorists want to buy an electric vehicle (EV), with the majority seeking lower fuel bills. A survey, commissioned by Bridgestone, found that 67% of motorists intended to switch to an EV and, of that figure, 47% want to change to save on fuel bills, while 56% are sold by the environmental benefits
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