Commentary | New car registrations February 2025
February was a strong month for new private car sales compared to 2024, a positive sign of rising consumer demand as we enter the key plate change month of March, despite the slight drop in the new car market overall. The jump in electric sales is also encouraging but we’re still well behind the growth we need to see at this stage in the transition, as well as hit to the government’s 28% target on EV sales.
"The industry is working hard to bridge the price gap between new EVs and traditional cars, but when new electric cars are 24% dearer it is still a challenge for many buyers. We need more support to boost demand."
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