By Nick Carey
LONDON – British automobile manufacturing fell practically 10% in 2022 attributable to an ongoing world semiconductor scarcity and pandemic-related lockdowns in China, however manufacturing of fully-electric automobiles rose nearly 5%, based on business knowledge.
The Society of Motor Producers and Merchants (SMMT) stated on Thursday that UK automobile manufacturing declined 9.8% in 2022 to 775,014 items and was nonetheless simply over 40% decrease than in 2019 earlier than the worldwide coronavirus pandemic hit.
However UK automobile vegetation made a document 234,066 absolutely electrical, or battery electrical automobiles (BEV), plug-in hybrids (PHEV) and hybrid (HEV) electrical automobiles, with mixed manufacturing up 4.5% versus 2021. Hybrids and BEVs accounted for 30.2% of all automobile manufacturing.
Complete UK BEV manufacturing rose 4.8% in 2022.
“These figures replicate simply how powerful 2022 was for UK automobile manufacturing, although we nonetheless made extra electrical automobiles than ever earlier than – excessive worth, innovative fashions, in demand around the globe,” SMMT Chief Government Mike Hawes stated in an announcement.
Practically 80% of vehicles produced in Britain in 2022 have been constructed for abroad markets.
Nearly 60% of exports went to nations within the European Union.