Press releases

Deloitte comments on SMMT new car registration figures

06 June 2022

Jamie Hamilton, automotive director and head of electric vehicles at Deloitte, said:

“Despite an overall decline in new car sales (-21%), battery electric vehicles managed to achieve 18% growth in May and, as a result, almost one in eight new cars sold were fully electric.

“With fuel prices at the pump at record highs, many consumers are thinking more about the potential benefits of moving to electric; some for the first time. Were it not for continued supply constraints, the growth of EVs could have been even sharper this month.

“Despite the ongoing success of EVs in the new car market, recent figures from the SMMT showed that fewer than one in fifty vehicles on the UK’s roads are electric. This highlights the challenge ahead in fully decarbonising road transport in the UK.

“Fleets have an important role to play in speeding up the transition to electric. However, fleet managers need to be given more support in order to realise the benefits and opportunities associated with a holistic transition to electric, rather than just a standard ‘vehicle by vehicle’ replacement.”

-ENDS-

About Deloitte

In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk.

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