HGV registrations rally after lockdown lull
- 18 February 2022
- Posted by: Alan Feldberg
- Category: News
New heavy goods vehicle (HGV) registrations rose by 12.9% year-on-year in 2021, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
It found growth in key industry sectors such as construction saw demand outstrip supply, with truck registrations surging from a locked-down 2020 fall of 32.2%. However, the global semiconductor shortage, as well as supply constraints affecting steel and aluminium, impacted availability, resulting in 7,571 fewer (16.9%) HGV units registered compared with the pre-pandemic average.
Some 37,163 units were registered last year, 57.1% of which were rigids, while 42.9% were articulated trucks.
Mike Hawes, SMMT chief executive, said: “With so much of our economy dependant on HGVs, the market’s return to growth is good news as getting more of the latest, high tech and low emission trucks onto the roads is critical to both air quality and climate change improvements.
“However, the sheer variety of functions HGVs perform, in logistics, construction and waste collection to name but three, illustrates how a range of technologies may be necessary to decarbonise road transport. Manufacturers are investing billions in such technologies, including battery electric, hydrogen and other alternative fuels but operators will need clarity, affordability and evidence on an infrastructure plan dedicated to their needs if this transition is to be delivered on time.”