UK’s car manufacture output is seeing its best November since 2020. The trend is helped by a rise in production for the overseas market and ease supply chain challenges, as industry data showed this week.
Production rose nearly 15 percent, with 91,923 cars rolling out last month.
Mike Hawes, CEO of the Society of Motor Manufacturers and Traders, said UK car production is firmly back on track following the tough COVID years and resulting supply chain challenges.
What else is noticed?
Export volumes increased by 15.2 percent, solidly driven by demand from the European Union, China and Turkey.
The demand for electric vehicles (EV) continued its upward trend in November, with volume up 20 percent to 35,169 units.
The European Union Council on Thursday approved a plan to give electric vehicle (EV) makers in the EU and Britain until the end of 2026 to comply with local content rules, delaying the imposition of tariffs on EVs traded with the UK.