Retail registrations dropped by 3.3% in November, while overall electric vehicles accounted for over a quarter of the market due to “unsustainable” levels of discounting, according to the Society of Motor Manufacturers and Traders (SMMT).
The growth in EVs by certain car manufacturers means that all brands can avoid fines from missing Zero Emission Vehicle (ZEV) mandate targets this year, if they buy credits from the top performers.
Demand from private buyers, among whom uptake has waned for two years, dropped to 58,496 units, accounting for fewer than four in 10 (38.1%) new registrations.
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