Electric cars make up one in four sold in November

Published On Dec 5, 2024, 9:46 AM

In November, electric cars accounted for 25% of all vehicle sales in the UK, indicating strong growth in the sector. This increase was largely driven by significant discounts totaling approximately £4 billion offered by manufacturers to meet government targets. Despite these sales rising for the 11th consecutive month, companies are likely to miss targets mandated by the government and may incur penalties. The automotive industry faces challenges, including declining sales of traditional petrol and diesel vehicles, as well as job cuts among major manufacturers like Ford and Stellantis due to these pressures.