• Wednesday, August 10, 2022

Business

UK New Electric Car Sales Soar in August: SMMT

Go Ultra Low Nissan LEAF on charge on a London street (Photo Credit Getty Images).

By: Radhakrishna N S

New car registrations in the UK rose 23.1 per cent in August 2018, year-on-year basis, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday (05). The jump in new car registrations is supported by a steep rise in demand for electric vehicles. As many as 94,094 new cars were registered in the month as the market responded to regulatory changes. The UK’s growing range of hybrid, plug-in hybrid and pure electric cars continued to attract buyers, with a record of one in 12 people choosing one. Demand surged by 88.7 per cent, with the…

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