British Car Production Drops Nearly 10% Despite Increased EV Production

According to the Society of Motor Manufacturers and Traders (SMMT), British car production fell 9.8% in 2022 due to a global shortage of semiconductor chips. Despite this decline, production of electric-only cars, including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs) reached a record high of 234,066 units, an increase of 4.8% compared to 2021.

The SMMT reported that total car production in 2022 reached 775,014 units, which is still 40% below 2019 levels, prior to the COVID-19 pandemic. Additionally, nearly 80% of British-made cars in 2022 were exported to foreign markets, with 60% of those exports going to countries in the European Union and Australia.

The increased production of electric vehicles in the UK is a positive sign for the future of sustainable transportation, and the SMMT is optimistic about the growth potential of the EV market. However, the current shortage of semiconductor chips is a significant obstacle for the automotive industry and highlights the need for a more reliable and diverse supply chain.

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