UK new car sales jump 18% YoY in March; best ever month for EVs

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UK new car sales jump 18% YoY in March; best ever month for EVs
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New car registrations in the UK rose for the eighth consecutive month in March, recording an 18.2% growth from a year earlier, and also marked the best month ever for battery electric car sales, according to industry data released on Wednesday.

The Society of Motor Manufacturers and Traders said new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019.

"The best month ever for zero emission vehicles is reflective of increased consumer choice and improved availability but if EV market ambitions – and regulation – are to be met, infrastructure investment must catch up," SMMT CEO Mike Hawes said in a statement.

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