The UK is poised for a significant shift towards electric vehicles, with petrol car sales expected to decline in the coming years, driven by government mandates, improving EV affordability, and growing consumer demand.
Following a big push from the government and electric vehicle EV producers, the U.K. is expected to undergo a significant shift away from internal combustion ICE vehicles in favour of EVs in the coming years. This news comes despite lower-than-expected EV sales in the U.S. and Europe this year, which drove many automakers to rein in their production strategies. Auto Trader, the U.K.
The CEO of the Society of Motor Manufacturers and Traders SMMT Mike Hawes stated, 'Fleet renewal across the market remains the quickest way to decarbonise, so diminishing overall uptake is not good news for the economy, for investment or for the environment.' Hawes added, 'EVs already work for many people and businesses, but to shift the entire market at the pace demanded requires significant intervention on incentives, infrastructure and regulation.
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