TagAuto Market

Electric Cars Seize Unprecedented Percentage of Ailing UK Auto Market

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Carmakers struggling with parts shortages have recently faced intensifying headwinds, including soaring energy and borrowing costs. While the growth in demand for battery cars is good, SMMT warned that corporate buyers accounted for two-thirds of new EV registrations.The UK needs to convince more personal drivers to buy an EV if it wants to meet its temperature marks, including by speeding up the...

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