Jan 6, 2022 | BEV, Company Cars, PHEV
Clearly we need to be careful reading too much into 2021 UK new car registrations given the crazy year we’ve just had. A combination of COVID and chip shortages meant that overall only 1.65m cars were registered, slightly up on 2020 but well short of “normal”. In...
Dec 17, 2021 | BEV, Company Cars
Staggered to report that the Government has cut the plug In grant to £1,500 (from £2,500) for cars costing £32,000 (down from £35,000) or less with immediate effect. We’ve posted three times in recent weeks about the need to keep the pressure up to get people to...
Dec 15, 2021 | BEV, Company Cars
Approx 1% of the 31.7m cars on the road in the UK are now EV. 15% of cars registered in October were EV. At this rate of change, it got us speculating at HRUX how quickly we’d see the average car on UK roads being electric? We’ve produced the forecast below...
Dec 9, 2021 | BEV, Company Cars
HMRC have published the fuel duty receipts to April 2021. Not surprisingly, given the pandemic, it’s down year on year, but the amounts involved are eye watering. If you look at just the fuel duty the country lost £6.64bn in 2020/21. Add in the related VAT and...
Dec 1, 2021 | BEV, Company Cars
EV cars outsells Diesel (inc. MHEV) in October 2021 at 15% versus 11%. The graph below analyses SMMT new car registration data in each October for the last 6 years by fuel type. Interesting to note how petrol (again inc. MHEV) is hanging on it there. Increasingly we...
Nov 10, 2021 | BEV, Company Cars, PHEV
Analysis of the SMMT registrations stats to the end of October shows the ongoing rise of the electric car, with sales nearly double that of the same period in 2020. Registrations of PHEVs are up 90% and BEV 86%. Diesel, including MHEV, is down a colossal 24%, with the...
