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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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9 Articles
9 Articles
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.
·New York, United States
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Carmakers Dangle £2 Billion in EV Discounts to Boost UK Sales
Carmakers are on course to offer at least £2 billion ($2.6 billion) in electric-vehicle discounts this year and still fall short of the UK government’s sales mandate, according to the industry’s trade body.
·New York, United States
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Coverage Details
Total News Sources9
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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