top of page

Electric car production jumps in January


Electric car production jumps in January

Figures from the Society of Motor Manufacturers and Traders (SMMT) show that the number of electric or hybrid vehicles produced in January was up by almost 50% on a year ago. A total of 28,329 electric or hybrid vehicles were produced, representing more than four in every ten cars made in January. SMMT data shows that overall car production was "stable" last month, with output down by 0.3% to 68,575. Production for the UK increased by 5.6% year-on-year, while exports fell by 1.5%. Mike Hawes, chief executive of the SMMT, said: "Automotive manufacturing can drive long-term growth for the low-carbon economy but the sector needs competitive conditions to attract investment.”


Read more: The Times

Visit Our Website Here To Apply & Learn More


 


Explore Your Finance Options Here.

 


Log into your account here, or click here to sign up for Free!


Visit our website for more news and product information, or click the button below to submit a short enquiry form for your finance needs.



Comments


bottom of page