UK Sees Surge in BEV Registrations Ahead of Tax Changes

UK car registrations fell overall, but battery-electric vehicle (BEV) registrations rose nearly 42% in February.

  • 21,244 BEVs registered, capturing 25.3% market share.

  • BEVs were second most popular, trailing only petrol vehicles.

  • Plug-in hybrid electric vehicle (PHEV) sales increased 19.3% YoY.

  • Anticipated tax changes in April, applying vehicle excise duty to EVs, spurred sales.

  • SMMT forecasts continued EV sales growth in March before the tax changes take effect.

  • Tesla Model 3 and Model Y ranked second and third in overall model sales.

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