The UK plug-in vehicle market has seen a significant drop in sales year-on-year, with the Tesla Model Y proving to be the bestseller. This is according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Sales of plug-in vehicles in the UK have dropped by 14.4% compared to the same period last year. This is despite the fact that the overall car market has grown by 4.1%. The SMMT has attributed this drop to the end of the government’s Plug-in Car Grant, which was replaced by the Plug-in Car and Van Grants in October 2018.
The Tesla Model Y has been the bestseller in the UK plug-in vehicle market, with sales of 1,814 units in the first quarter of 2019. This is followed by the Nissan Leaf, which sold 1,711 units, and the BMW i3, which sold 1,521 units.
The drop in sales of plug-in vehicles is a worrying trend for the industry, as it suggests that the government’s incentives are not enough to encourage consumers to switch to electric vehicles. This is despite the fact that electric vehicles are becoming increasingly affordable and more efficient.
The government needs to take action to ensure that electric vehicles become more attractive to consumers. This could include increasing incentives for electric vehicles, such as tax breaks or subsidies, as well as investing in infrastructure to make it easier for people to charge their vehicles.
In addition, manufacturers need to continue to innovate and develop new models that are more attractive to consumers. This could include making electric vehicles more affordable, as well as improving their range and performance.
Overall, the drop in UK plug-in vehicle sales is a worrying trend for the industry. However, with the right incentives and continued innovation from manufacturers, it is possible that electric vehicles will become more attractive to consumers in the future.
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- Source: Plato Data Intelligence: PlatoAiStream