16 Apr UK car registrations +18% in March
New car registrations rose +18.2% year on year during the new plate month. The SMMT reported a surge in deliveries for large fleets driving the eighth consecutive month of registration growth. Petrol-powered vehicles remained the most popular fuel type, comprising 56.3% of new units, while battery electric vehicle deliveries reached a record monthly high of 46,626, representing growth of 18.6%. Overall, the BEV market share remained almost the same as last year at 16.2% and, with plug-in hybrid (PHEV) registrations growing by 11.8%, plug-in registrations comprised 22.4% of the market – a slight decline on 2022. The biggest growth, however, was in hybrids (HEVs), with a 34.3% surge helping electrified vehicles account for more than one in three registrations for the month.