Booming electric car sales were a bright spot in a tough car market last year amid disruption to global supply chains hitting manufacturers, according to fresh data.
In its annual sales snapshot for 2021, the Society of Motor Manufacturers and Traders (SMMT) said carmakers sold 190,000 battery electric cars across the country last year, accounting for about 11.6% of total sales.
Reflecting growing appetite for greener vehicles, sales rose from 108,000 in 2020, when battery-powered cars accounted for just 6.6% of new cars bought in Britain. In December 2021 alone, electric cars made up 26% of sales, a record for a single month when physical dealerships were allowed to open during the Covid pandemic.
Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.