Car industry sounds warning as electric car sales stall
- The Society of Motor Manufacturers and Traders warned that UK electric vehicle sales have stalled below 18%, causing concerns about meeting government mandates.
- SMMT Chief Executive Mike Hawes mentioned serious market growth issues, stating that September's EV performance does not meet mandated targets.
- To stimulate sales, SMMT recommended government incentives, such as halving VAT on new electric vehicles and reducing VAT on public charging.
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British auto industry set to miss 2024 EV sales target, trade body warns
Britain's electric vehicle market will likely miss 2024 targets set by the zero-emission vehicle (ZEV) mandate, a trade body warned on Friday, and called on the new Labour government to introduce incentives for private buyers to speed up the switch to EVs.
·United Kingdom
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Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
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C 33%
R 17%
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