UK Carmakers Urge Government Action as EV Sales Lag Behind Targets
Despite significant discounts, electric vehicle sales in the UK are falling short of government mandates, prompting calls for tax incentives.
- Private demand for diesel cars is outpacing that for electric vehicles, with diesel registrations rising 17.2% compared to a 3.7% increase for EVs.
- The Society of Motor Manufacturers and Traders (SMMT) reports a record month for EV registrations in September, yet still below the 22% zero-emission sales target.
- Carmakers are offering £2 billion in discounts this year to boost EV sales, but the market remains weak, threatening environmental goals and future investments.
- Automakers face potential fines of £15,000 per vehicle if they miss the UK's zero-emission mandates, which require 22% of new cars to be electric this year.
- Industry leaders are urging Chancellor Rachel Reeves to halve VAT on new EV purchases and reduce VAT on public charging to encourage consumer adoption.