11th August 2021 | Posted by TEIC

UK: Plug-in cars expand in July 2021 despite throttled market

One in six new passenger cars sold last month in the UK was a plug-in. New passenger car registrations in the UK were down in July by almost 30% year-over-year to 123,296, which makes it the weakest July since 1998. According to the official report, supply chain shortages affected the market on top of the

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5th August 2021 | Posted by TEIC

EV adoption – time for fleets to lead the charge

Fleet managers are set to play a crucial role in accelerating the transition to an electric future. According to our latest research, UK businesses are planning to spend almost £16 billion on electrifying their fleets in the year ahead, that’s 50% more than they spent over the previous 12 months. Some of the UK’s biggest

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5th August 2021 | Posted by TEIC

June engine production struggles to recover

UK factories made 157,623 engines in June, just 0.6% more than June 2020’s weak performance. June 2021 output down -30.9% on five-year average for the month. First-half production rises 15.3% yet remains -31.5% below pre-pandemic levels. Mike Hawes, SMMT Chief Executive, said: Despite seeing a marginal rise on a weak month in 2020, June’s engine

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