UK EV sales in March were driven by fleet demand, despite a decline in private car sales compared to the same period last year. The Society of Motor Manufacturers and Traders (SMMT) reported that sales of hybrid EVs, plug-in hybrid EVs, and battery EVs all increased in March, with firms' fleet sales up by 29.6% on the year and consumer sales down by 7.7%. However, market participants have downplayed the results for the EV market, citing weak private demand and a focus on the growing second-hand market. The average price of BEVs is typically higher than the average price of all cars, which has impacted consumer demand despite carmakers' attempts to cut prices. The UK government has been urged to introduce incentives for private buyers, such as temporarily halving VAT on EV sales, to support the transition to electric vehicles. Despite the challenges, total new car registrations in March increased to 317,786, the highest since 2019, and aggregate car sales have continued to edge up year-to-date. Chinese electric carmaker BYD has also begun to establish a presence in the UK market, with sales in March jumping to 759 from 34 units a year earlier.