Battery electric, plug-in hybrid, and hybrid electric vehicles made up over one-third of the cars manufactured in November in the United Kingdom, as reported by Yahoo Finance. Notably, that number represents a year-on-year increase of 18.3% to 29,318 units.
Overall car market
For reference, overall car production in the UK reached 80,091 cars in November. The Society of Motor Manufacturers and Traders (SMMT) claims that number indicates a YoY growth of 5.7%.
Domestic Production and Export
UK automakers have produced 209,930 cars since January, representing a YoY increase of 2.9%.
The overall increase in domestic production was 59.1%, reaching 20,206 units. On the other hand, the decline in exports was 5% to 59,885 units.
Despite the substantial increase this year, it must be noted that the output fell to its lowest point since 1956 in 2021.
As for the sales, UK dealerships sold approximately 723,846 cars this year to date. That number indicates a YoY decline of 9.2% from 2021’s record of 797,265 units.
Notably, 74.8% of all cars made in the UK last month were exported. The European Union received the vast majority of shipments (57.3%), followed by the United States (21.9%) and China (5.9%).
As mentioned above, exports declined by 5% in November compared to the same period last year.
According to the SMMT, chip shortages and other supply chain issues impede automakers from producing more cars.
“Supply chain shortages, overseas lockdowns and some structural and product changes have combined to throttle output for much of 2022 but there is renewed hope these issues will begin to ease in 2023. This could bring a much-needed boost to the economy, however, to attract the investment needed for long term growth, we still need stability and more competitive conditions — not least to alleviate crippling long term energy costs.”
Mike Hawes, SMMT chief executive
