Production of EVs, hybrids and PHEVs rises over 50% in October

According to SMMT data, UK production of battery electric (BEV), plug-in hybrid (PHEV) and hybrid (HEV) vehicles rose in October. Combined output grew 52.1 per cent to represent four-in-10 (40.1 per cent) of all cars made in the month, a near record high. Since January, UK factories have turned out 287,408 of these models, up 59.1 per cent on the year before and helping push overall car production up 16.7 per cent to 751,422 units.

Overall, UK car production has risen 31.6 per cent in October. This makes the eighth month of growth this year, with 91,512 units produced.

Mike Hawes, SMMT Chief Executive, said, “These figures, coming on the back of a series of significant  investment announcements, signpost a bright 2024 for the UK automotive sector. Government and industry are committing billions to transform the industry for a decarbonised future. Last week’s publication of an Advanced Manufacturing Plan and Battery Strategy, the announcement of permanent full expensing in the Chancellor’s Autumn Statement and the £2bn commitment Government has made to advanced automotive manufacturing, underscore the increasing competitiveness of the UK. Automotive remains one of the country’s most critical industries, delivering jobs, productivity and economic growth across the country.”