SMMT analysis highlights value of EV exports

Mike Hawes, the Chief Executive of the Society of Motor Manufacturers and Traders (SMMT), has warned that the UK automotive sector must seek stability in order to sustain a record £7.9 billion of electric vehicle (EV) exports – with new analysis revealing they are up 110.4% since 2017.

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Automotive manufacturers face £90m energy cost hike

British automotive manufacturers are calling for urgent action on spiralling costs as new analysis from the Society of Motor Manufacturers and Traders (SMMT) reveals firms face a £90 million uplift in energy bills this year – equivalent to more than 2,500 automotive jobs – as costs surge by 50%. 

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15-fold increase in number of EV models available since 2011

Massive investment by car manufacturers since 2011 means today’s electric vehicle buyers can benefit from a 15-fold increase in choice of model, as well as, on average, more than three times the battery range compared with a decade ago, according to new research by the Society of Motor Manufacturers and Traders (SMMT).

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SMMT figures show more EVs were sold in March than in the whole of 2019

Lat month (March 2022) saw the highest volume of electric vehicle (EV) registrations ever recorded in a single month, with more registered in the month than during the whole of 2019.

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