There are currently no financial incentives for private car buyers to switch to an EV, says specialist leasing company DriveElectric. So, unless the government changes its policy on consumer purchase incentives or reduces taxes in the run-up to a general election, or there’s a new government with a more pro-EV policy, sales of new EVs are likely to continue to be mainly to businesses and … [Read more...]
Sell evs or pay penalties, makers and dealers told
Expect a big drive by dealers and manufacturers to sell electric models from today or face £15,000 fines for each model above statutory limits laid down by the Government. The rules mandating the minimum number of new pure electric cars and vans that have to be sold in the UK have come into force. From today, (Jan 3) at least 22% of new cars sold by carmakers have to be zero-emission and for new … [Read more...]
Legend car makers facing end of the road
Around 51% of car dealers think that the arrival of new Chinese electric vehicle companies in the UK market will force some established manufacturers out of business. Startline’s June Used Car Tracker also shows that 31% believe some existing brands are already falling behind and 36% say that the next few years will see them fold thanks to tougher competition. In terms of who will be affected, … [Read more...]