UK auto industry’s trade body, SMMT, is in the news as EV sales soar, chip shortages hit, and China’s EV push reshapes the market.
Electric vehicle sales across Europe have increased sharply in April, driven by rising fuel prices and geopolitical tensions. Data shows record EV registrations in several countries, with prices in the UK falling below petrol cars for the first time. The shift is accelerating as consumers seek cheaper, cleaner alternatives amid ongoing conflicts and energy concerns.
The UK new-car market has risen 24% in April to 149,247 registrations, with battery electric vehicles up 59.1% and BEVs accounting for 26.2% of sales. The overall BEV share for 2026 is forecast to fall short of the 33% mandate, as inflation, energy costs and living costs weigh on demand. The SMMT warns the price of compliance may curb consumer choice and decarbonisation.