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Best first quarter for CV production since 2008 despite March drop

SMMT

British CV production records best Q1 since 2008, rising by 27.4% Growth is still expected this year, with the latest independent outlook expecting light van production volumes to hit over 135,000 units – a result of electric vehicle output ramping up. to 32,626 units. Export volumes grow 57.9% March decline to 7,943 units.

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Competitive conditions needed to sustain record EV exports

SMMT

A new Prime Minister and government enter parliament this week and we look forward to working with both to ensure the UK automotive sector remains globally competitive. To maintain this growth, we need action to drive investment into electrified vehicle production and, critically, the supply chain.