UK new-car registrations jumped 26 percent in February to 74,441, the seventh consecutive month of growth in the market, according to industry data released on Monday.
The rise was helped by strong demand for full-electric vehicles, which rose 18 percent for a 16.5 percent market share. Gasoline vehicles were up 35 percent for a 43.4 percent share, while diesel dropped 15 percent for a 4.5 percent market share, data from the Society of Motor Manufacturers and Traders (SMMT) showed.
The UK’s upcoming spring budget on March 15 should include setting out a long-term plan for investment in charging infrastructure to meet demand from EVs and plug-in hybrid cars, the SMMT said.