2022 will be exciting for the automotive industry and consumers

KPMG comment on SMMT car registration data for 2021

KPMG comment on SMMT car registration data for 2021

Richard Peberdy, UK head of automotive at KPMG, said:

“Whilst supply shortages will frustrate both the automotive industry and consumers, 2022 is due to be an exciting year for both.
A variety of new models will hit the market, and electric vehicle sales will further accelerate.  The industry will focus on how to reduce charging times, and national and local government must focus on ensuring public charging infrastructure keeps pace.
Carmakers will also be racing to develop other zero emission solutions, including hydrogen and synthetic fuels.

“Despite the challenges presented by the pandemic, supply issues, and rising costs, the innovation opportunities of this age are why global automotive executives tell us that overall they are optimistic about the future of car making.”

 

ENDS

 

For media enquiries please contact.

Steven Reilly-Hii, Media Relations Manager (Consumer Markets and Industrial Manufacturing), KPMG LLP

Esteven.reilly-hii@kpmg.co.uk

T: 07510 376635

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