SMMT: EV share rises despite contracting market but tax hikes threaten targets

The UK new car market fell by -2.5% to 139,345 units in January, according to data released today by the Society of Motor manufacturers and Traders (SMMT), as weak consumer confidence and tough economic conditions combined to deliver the fourth consecutive month of decline The post SMMT: EV share rises despite contracting market but tax hikes threaten targets appeared first on Automotive World.

Feb 5, 2025 - 14:47
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SMMT: EV share rises despite contracting market but tax hikes threaten targets

The UK new car market fell by -2.5% to 139,345 units in January, according to data released today by the Society of Motor manufacturers and Traders (SMMT), as weak consumer confidence and tough economic conditions combined to deliver the fourth consecutive month of decline

The post SMMT: EV share rises despite contracting market but tax hikes threaten targets appeared first on Automotive World.