The latest figures from the Society of Motor Manufacturers and Traders (SMMT) have revealed that UK plug-in vehicle sales have dropped year-on-year, despite the introduction of the Tesla Model Y as the bestseller in the market.
The figures show that in the first quarter of 2021, plug-in vehicle sales dropped by 8.3% compared to the same period in 2020. This is despite the fact that the Tesla Model Y was the best-selling plug-in vehicle in the UK during the period, with more than 5,000 units sold.
The drop in sales is likely due to a number of factors, including the ongoing coronavirus pandemic and the resulting economic uncertainty. The pandemic has caused many people to delay their car purchases, and this has had a knock-on effect on plug-in vehicle sales.
In addition, the UK government has recently announced plans to phase out petrol and diesel cars by 2030, which could have caused some people to delay their purchases until they know what their options will be in the future.
Despite the drop in sales, there are still some positives to take from the figures. The Tesla Model Y has been a huge success, with more than 5,000 units sold in the first quarter of 2021. This shows that there is still a demand for electric vehicles in the UK, and that people are willing to invest in them.
The UK government has also recently announced plans to invest £1.3 billion into electric vehicle infrastructure, which should help to boost sales in the future. This investment includes funding for charging points, as well as grants for electric vehicle buyers.
Overall, while UK plug-in vehicle sales have dropped year-on-year, there are still some positives to take from the figures. The success of the Tesla Model Y shows that there is still a demand for electric vehicles in the UK, and that people are willing to invest in them. With the right investment and infrastructure in place, it is likely that plug-in vehicle sales will increase in the future.
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- Source: Plato Data Intelligence: PlatoAiStream