Tag: UK market
EV market growth in the UK: Rising sales and interest, but tax changes threaten future
EV market surges in the UK, with BEV registrations up 41.6%, but still below government targets for 2025.Affordability and new taxes are key barriers, with a £3,110 tax applied to EVs over £40,000 in...
EV sales gain momentum despite dip across the UK’s new car market
The UK new car market fell by 6% in October, but BEV sales grew by 24.5%, reaching 20.7%.BEV growth benefits from increased model variety and discounts, but broader market decline suggests needed support measures.Industry...
Surge in used electric vehicle sales marks pivotal shift in UK’s automotive market
90.9% growth in used electric vehicle sales, achieving a 5.6% market share in 2023.Government support is still necessary, as dealers predict strong demand and positive trends for used EVs in 2024.2023’s boom in used...
