Electric Car Sales Surge Amidst Decline in Overall Market
Manufacturers cut prices and limit petrol models to meet net zero targets, despite challenges in EV adoption.
- Electric vehicles made up 22.6% of new car sales in August, up from 20.1% last year.
- Overall new car sales fell by 1.3%, with petrol and diesel sales dropping 10% and 7% respectively.
- Manufacturers are rationing petrol cars and offering discounts on EVs to avoid fines for missing emission targets.
- The car industry is calling for government incentives to boost EV sales and address charging infrastructure concerns.
- Experts predict further discounts and incentives to encourage the mass-market shift to electric vehicles.