Electric vehicle sales surge in UK as fuel prices rise

Sales of electric vehicles reached a record high last month, accounting for one in every 12 new cars purchased in the UK.

The Society of Motor Manufacturers and Traders said hybrid, plug-in hybrid and pure electric cars made up 8% of the overall market.

The number of total vehicles registered was up 23% on the same period in 2017.

But SMMT’s chief executive warned “it would be wrong to view the market as booming”.

 

Ilika plc (LON: IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.

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