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Tesla Model 3 was UK's best-selling car for two consecutive months, in April and May. In June, the car market began to recover, however, Model 3 entered the Top 10 best-selling cars in the country and became #1 among all EVs.
Tesla sold 2,517 Model 3, which allowed it to take 9th in the ranking of best-selling models in June. A point worth noting is that of the Top 10, an electric car from a California company is the most expensive. This indicates that, despite the relatively high cost, buyers still demonstrate a high interest in the car.
Source: SMMT
UK new car registrations fell -34.9% in June, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0% wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month. However, electric car sales in June grew by 261%, and a total of 158% this year.
Source: SMMT
Mike Hawes, SMMT Chief Executive, said:
"While it's welcome to see demand rise above the rock-bottom levels we saw during the lockdown, this is not recovery and barely a restart. Many of June's registrations could be attributed to customers finally being able to collect their pre-pandemic orders, and appetite for significant spending remains questionable.
"The government must boost the economy, help customers feel safer in their jobs and in their spending, and give businesses the confidence to invest in their fleets. Otherwise, it runs the risk of losing billions more in revenue from this critical sector at a time when the public purse needs it more than ever.
The plugin segment is much less affected by the effects of coronavirus. Also, the government offers citizens stimulus packages, which helps maintain relatively high demand.