spot_img
Saturday, July 20, 2024
More
    spot_img
    HomeBlogElectric car sales in UK flatline, prompting calls for VAT cut

    Electric car sales in UK flatline, prompting calls for VAT cut

    -

    Stalled growth in electric vehicles comes despite government goal to phase out petrol, diesel and hybrid vehicles by 2035

    The number of new cars registered in the UK has jumped by nearly 18% but electric vehicle demand is flatlining, prompting the industry to call for a VAT cut to stimulate sales.

    Annual figures released by the Society of Motor Manufacturers and Traders (SMMT) on Friday show 1.9m new cars were registered last year, well up on the previous year’s figure of 1.6m and the highest level since the 2.3m registrations of 2019.

    Continue reading…

    ​Business | The Guardian

    Related articles

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Stay Connected

    0FansLike
    0FollowersFollow
    0FollowersFollow
    0SubscribersSubscribe
    spot_img

    Latest posts