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2024-12-08
The
BEVs Charge Forward, Overall Market Stumbles
Data from the Society of Motor Manufacturers and Traders (SMMT) reveals a contrasting picture. New BEV registrations soared by 58.4% compared to November 2023, reaching a record 38,581 units. This impressive growth happened even as the overall new car market witnessed its second consecutive monthly decline, attributed by the SMMT to the “race to meet tough EV market share targets.”
Government Rethinks ZEV Mandates?
Late November saw the UK government open a consultation on its ZEV mandates. These mandates, outlined in the 2024 “pathway to zero-emission vehicle transition by 2035,” aim for a dramatic shift: 80% of new cars and 70% of new vans sold in Great Britain by 2030 must be zero-emission. This ambitious target has faced pushback from automakers, who argue demand for EVs isn’t keeping pace.
What Does
However, the surge in
What Undercode Says:
The
Key Takeaways:
UK’s BEV sales are on an upward trajectory despite an overall market decline.
Government ZEV mandates are under review, balancing ambitious goals with market realities.
Factors like consumer preferences, infrastructure development, and manufacturer strategies will determine the long-term success of the UK’s EV transition.
Looking Ahead:
The coming months will be crucial for the
References:
Reported By: Teslarati.com
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