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The UK Automotive Industry Had a Positive Start in 2022

Published Sun, Feb 06 2022 12:26 pm
by The Silicon Trend

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The UK Automotive Industry Had a Positive Start in 2022

According to the latest figures of the automotive sector from the Society of Motor Manufacturers and Traders (SMMT), the UK car-manufacturing industry has recorded a positive start of 115,087 new car registration in 2022. It is more than a quarter on January 2021, when lockdown restricted the opening of car showrooms.

But the market is -22.9 percent lower than in January 2020, as chip shortages continued to affect supply. The highest market growth was seen in private car buyers with the registration of 62,300 new cars, which is just -5.6% off 2020 levels. However, the registrations of large fleets remained flat with last year at 50,817.

 

Market Growth with Electrified Cars

The market growth strengthened with battery EV (BEV) – 14,433, plug-in hybrid (PHEV) – 9,047, and hybrid vehicles (HEV) – 13,942, resulting in an uplift of 71.5% registrations. More than 140 plug-in car series are available in the UK, with over 50 more in 2022. To cut down CO2, more drivers must adopt EVs and other zero-emission techs. 

But the factor limiting the adoption of these vehicles is their lack of charging stations. However, appropriate measures would be taken to meet the demand of all. A 2022 market of 1.897Mn will still be lower than -17.9% on the pre-pandemic 2019, but the recovery would be drastic and expected to continue into next year, with the market targeted to grow above 2Mn units.

 

EVs Helping to Shrink Down Emissions in the UK

According to the new data from a local industry group, the hybrid and EVs reduced the emissions from UK's new cars to a record low level last year. However, to cut down the emission by 78% in the UK does require more investments in public transport and charging stations, which would be by 2035.

 

Biggest Source of Pollution

The UK's Society of Motor Manufacturers and Traders (SMMT) association found that these vehicles' average carbon dioxide release reduced by more than 11% to about 120 grams of emission per kilometer driven in 2021. We could say that adopting EVs is helping in the reduction of emissions from the country's most significant source of pollution.

SMMT expects the new hybrid and EV sales to have rapid growth, consumers' worries regarding the availability of charging stations, which is slowing down EV adoptions. The UK govt plans the ban the sale of internal combustion cars from 2030 and hybrids from 2035. Experts say that adopting EVs is not the only way to solve the climate crisis. Other factors such as car reduction on roads, walkable cities, more robust public transportation, and many more had to be considered.

Less than 5% of passenger car sales were hybrid or EVs in 2020, and while pollution from transport eased in the same year due to pandemics across the world - emissions have begun to rebound.