UK car production experiences a decline in the first half of the year due to manufacturers' focus on transitioning to electric vehicle production.
British car production fell during the first six months of the year as manufacturers retooled production lines to make electric vehicles EVs. New figures from the Society of Motor Manufacturers and Traders SMMT showed production fell 7.6 per cent over the period as factories delivered 416,074 vehicles to the market. It comes as automakers rapidly shift to greener fleets ahead of looming bans on the sale of new petrol and diesel vehicles. Some £23.
9 per cent decline in production for export, with more than seven in 10 cars made destined for customers overseas. Credit Society of Motor Manufacturers and Traders SMMT “The UK auto industry is moving at pace to build the next generation of electric vehicles – a transition that can be a growth engine for the entire British economy,” Mike Hawes, SMMT chief executive, said.
Electric Vehicles SMMT Auto Industry Green Fleets Sustainability EV Production Export Decline Government Support Industrial Strategy
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