Commentary | New car registrations May 2025
Despite recent geopolitical volatility, the fundamentals of the car market remain sound and the sharp rise in electric vehicle sales against last year demonstrates real momentum. Electric demand is being driven by new affordable models like the Renault 5 and the Hyundai Inster, along with fast growing Chinese brands like BYD and OMODA-JAECOO, which will be key to mass market adoption. Around one in four of all new cars viewed on our website is electric and we know that when the price is right, drivers are keen to make the switch.
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