Franchised dealers see impact of fuel prices on consumer EV demand

The majority of franchised dealers (80%) have said that an increase in the price of petrol and diesel has had a strong impact on consumer demand for EV.

In an NFDA poll members also raised new EV models and greater EV government support as key drivers to demand.

With sales of electric vehicles growing, diesel fell from 8,783 units to 6,210 (-29.3%), and petrol has fallen from 55,250 units to 51,294 units (-7.2%).

Battery electric vehicles (BEVs) experienced moderate growth, 9.9% to 12,243 units. Plug-in hybrid (PHEVs) registrations declined by -34.0% to 6,533 units, whilst hybrids (HEVs) also reduced by -6.7% to 13,730 units. There are now 127,492 registered BEVs on the road in 2022 compared to the 85,032 at the same point last year, a 49.9% increase.

Sue Robinson said: “When polled 73% of our members are dissatisfied with the government’s support towards EV. Franchised dealers continue to support green motorists in finding the right service and financial support plans and as such need government support to facilitate the 2030 ban on the sale of new ICE vehicles.”

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