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A Quarter of New Cars Sold in the UK Were Electric in November


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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  One in four new cars registered in the UK last month were fully electric, a transportation research group said, touting the new figures as evidence that the country's EV sales mandate is working. Most Read from BloombergAs Wars Rage,

The article from Yahoo News discusses a significant trend in the UK automotive market where one in four cars sold in March were either fully electric or hybrid vehicles. This surge in sales was influenced by the upcoming changes in the UK's Vehicle Excise Duty (VED) set to increase from April 1, 2023, prompting buyers to purchase before the tax hike. The Society of Motor Manufacturers and Traders (SMMT) reported that electric vehicle sales increased by 18.6% compared to the previous year, with 46,000 units sold. This growth reflects a broader shift towards sustainable transport options, driven by both consumer demand for greener vehicles and government policies aimed at reducing carbon emissions. The article also notes that despite economic challenges, the demand for electric vehicles remains robust, indicating a strong market trend towards electrification.

Read the Full Yahoo Article at:
[ https://www.yahoo.com/news/quarter-cars-sold-uk-were-000100482.html ]

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