Electric cars account for one in four UK car sales in November
In November, one in four cars sold in the UK was electric, marking an 11-month growth in electric vehicle sales. This increase was largely driven by significant discounts from manufacturers, totaling around £4 billion. Despite the rise in electric vehicle sales, overall new car registrations fell, particularly for petrol and diesel vehicles. The government plans to meet with carmakers to discuss electric vehicle sales targets, which remain unchanged for now. Manufacturers are struggling to meet the current target of 22% electric vehicle sales for 2024, with projections at 19% by year-end. Companies like Ford and Stellantis have announced job cuts, citing challenges related to these targets.