New car sales continue to rise but likelihood of achieving electric vehicle targets looks bleak
7 months, 3 weeks ago

New car sales continue to rise but likelihood of achieving electric vehicle targets looks bleak

Daily Mail  

Last month saw a 2.5 per cent increase in the numbers of new cars delivered to customers compared to July 2023 - the 24th consecutive month of growth for the sector as it continues on a road to recovery following the pandemic. But while registrations are continually growing, the likelihood of car makers achieving electric vehicle sales targets looks bleaker by the month as private registrations declined again. However, EV registrations are well short of binding targets, new industry figures show Last month was the best July new car sales performance since 2020, which was artificially high due to the reopening of showrooms following the first Covid lockdowns July’s new car growth was sustained entirely by the fleet sector, official data from the Society of Motor Manufacturers and Traders shows. Diesel accounted for around one in seventeen new registrations last month; a decade ago, oil burners represented 50 per cent of the new car market in July 2014. Car makers still well short of binding EV sales targets The hotly-debated Zero Emission Vehicle mandate, introduced this year, requires manufacturers to increase their EV sales share to at least 22 per cent of all registrations.

Market Cars Car Month Vehicle Cent Electric Ford Evs Registrations Car Makers Zev Kia Smmt Puma Last Month Sales Targets New Car Sales  car  likelihood  looks  continue  sales  targets  ev  electric  cent  month  market  cars  registrations  rise  bleak  evs  vehicle

History of this topic

Electric car buyers three times more likely to fall foul of luxury car tax sting from 1 April - it will cost them thousands
1 week, 1 day ago

Electric car buyers three times more likely to fall foul of luxury car tax sting from 1 April - it will cost them thousands

Daily Mail  

Drivers buying an electric car rather than a petrol or diesel model will be three times more likely to be hit by luxury car tax under new rules coming into force in just over a week. From 1 April, EV owners for the first time will be forced to pay Vehicle Excise Duty - commonly referred to as car tax …

Car owners say "no" to electric vehicles as subsidies stop
1 week, 5 days ago

Car owners say "no" to electric vehicles as subsidies stop

Dutch News  

The sale of all electric vehicles in the Netherlands to private households is at risk of collapsing since the government stopped subsidies, the Parool reported on Tuesday. In 2024, electric cars accounted for 26% of all new car sales, down from 32% in 2023, and this year sales have declined further to 23%, according to figures from motoring organisation Bovag. …

EV switching blueprint? The European country where 90% of new cars are already electric
1 month ago

EV switching blueprint? The European country where 90% of new cars are already electric

Daily Mail  

Britain must vastly accelerate its transition to electric vehicles in the next decade, the country's climate change advisers said this week. The blueprint to EV transition: Fully electric vehicles accounted for 88.9% of all new cars in Norway in 2024 - here's how it has encouraged its drivers to switch to battery power. Fully electric vehicles accounted for 88.9 per …

European car sales drop in January as falling combustion engines outweigh EV gains
1 month ago

European car sales drop in January as falling combustion engines outweigh EV gains

Live Mint  

By Alessandro Parodi Feb 25 - New car sales in Europe were down by 2.1% in January, as a jump in fully electric and hybrid-electric car registrations in its main markets was not enough to compensate for falling petrol and diesel sales, industry data showed on Tuesday. Overall sales in France, Italy, Germany and Britain were down from last year, …

End of the road for electric cars? Study reveals how quickly the battery degrades in EVs
1 month, 2 weeks ago

End of the road for electric cars? Study reveals how quickly the battery degrades in EVs

Daily Mail  

Electric vehicle sales have slumped in Britain, with the public struggling to fall in love with the technology. surveyed over 3,500 EV owners to understand how much the range of their car has decreased since they bought it The report comes shortly after a surprising study claimed that EVs are even more reliable than traditional cars and vans with petrol …

Surge in used EV sales powers used car market growth
1 month, 2 weeks ago

Surge in used EV sales powers used car market growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s used car market …

Demand for new cars falls by 2.5% in January
1 month, 3 weeks ago

Demand for new cars falls by 2.5% in January

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ian Plummer, commercial director at online vehicle marketplace Auto …

EV demand stalls out in California as automakers face zero-emission sales mandate
1 month, 3 weeks ago

EV demand stalls out in California as automakers face zero-emission sales mandate

LA Times  

Demand for new electric vehicles has flattened in California, new sales figures show, raising questions as to whether automobile manufacturers can meet ambitious state mandates for zero-emission vehicle sales. Aside from Tesla, which sells only EVs, no other major manufacturer will meet the state’s 35% threshold for zero-emission vehicles in the upcoming 2026 model year, said Brian Maas, president of …

UK car production plummets to lowest level since 1954
2 months ago

UK car production plummets to lowest level since 1954

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Car production in the UK …

EV charging firm sounds alarm over weak car sales as shares tumble
2 months, 1 week ago

EV charging firm sounds alarm over weak car sales as shares tumble

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Car charging company Pod Point …

Automakers set to showcase new vehicles at Bharat Mobility Expo
2 months, 1 week ago

Automakers set to showcase new vehicles at Bharat Mobility Expo

Live Mint  

New Delhi: The Bharat Mobility Global Expo 2025 starting Friday will set the stage for the coming year for the Indian automotive sector, which just witnessed a tepid end to an otherwise bumper year for sales in 2024. In a market like India that is highly perceptible to new product introductions by manufacturers, the numerous launches lined up for the …

RAY MASSEY: Electric dream could turn to a nightmare if the public don't buy it
2 months, 2 weeks ago

RAY MASSEY: Electric dream could turn to a nightmare if the public don't buy it

Daily Mail  

Two guests chatting at a party. That's the conclusion of the UK's Society of Motor Manufacturers and Traders following damning annual new car sales figures published this week. Car sales last year rose 2.6 per cent year-on-year to 1.953million, with Ford's Puma crossover the biggest seller. The reality is EV sales depend on fleet and company car users – with …

Stellantis hits EV sales targets
2 months, 2 weeks ago

Stellantis hits EV sales targets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Eurig Druce, group managing director of Stellantis UK, said: …

The case for subsidizing electric vehicles
2 months, 3 weeks ago

The case for subsidizing electric vehicles

Live Mint  

Honda and Nissan recently announced plans to merge by 2026. Although a combination of private-sector innovation and support from Congress has driven the EV sector’s growth in the U.S., lawmakers are floating the possibility of ending consumer and manufacturing tax incentives for manufacturers and parts suppliers. Tate Reeves called the battery plant under construction in his state a “project of …

Electric car sales hit a record high in 2024 but fall short of government target
2 months, 3 weeks ago

Electric car sales hit a record high in 2024 but fall short of government target

The Independent  

Sales of electric cars hit a new high in 2024, according to official figures from SMMT. “This is unsustainable and, with the 2025 market looking under even greater pressure, it is imperative we get an urgent resolution.” open image in gallery Mike Hawes, CEO of SMMT, is calling for a halving of VAT on EVs to boost demand This year …

Just one in ten private buyers purchased an electric car in 2024 after being put off by high prices and a lack of charging infrastructure
2 months, 3 weeks ago

Just one in ten private buyers purchased an electric car in 2024 after being put off by high prices and a lack of charging infrastructure

Daily Mail  

Only one in ten private buyers chose an electric vehicle last year despite an 'unsustainable' £4.5billion in price cuts offered by car makers. The lack of public demand for EVs has raised major concerns about manufacturers achieving government-mandated target for zero-emission car sales for 2025, which require 28 per cent of registrations to be battery-powered models. Just 10.1% – or …

EU automakers offer deals to boost EV sales
Trending News
3 months, 1 week ago

EU automakers offer deals to boost EV sales

China Daily  

By EARLE GALE in London | chinadaily.com.cn | Updated: 2024-12-18 02:32 Europe's electric vehicle, or EV, makers are offering deals to try to boost sales and avoid 15 billion euros of fines that could be heading their way if they fail to meet new quotas set by the European Union. With the bloc insisting, as of Jan 1, 2025, that …

EU automakers offer deals to boost EV sales
Trending News
3 months, 1 week ago

EU automakers offer deals to boost EV sales

China Daily  

Europe's electric vehicle, or EV, makers are offering deals to try to boost sales and avoid 15 billion euros of fines that could be heading their way if they fail to meet new quotas set by the European Union. With the bloc insisting, as of Jan 1, 2025, that at least 20 percent of cars sold by Europe's automakers are …

Why Newsom’s electric vehicle mandate is in trouble
3 months, 2 weeks ago

Why Newsom’s electric vehicle mandate is in trouble

LA Times  

The headwinds are fueling fresh doubts about the mandate from California Gov. For example, a vehicle manufacturer’s ZEV sales for model year 2026 must be at least 35% of the average of total sales for all kinds of vehicles from 2022 to 2024. While the state’s math may allow California to meet the 2026 target, attainment of the 100% zero …

Ford's UK boss demands 'substantial' taxpayer subsidies for electric vehicles as sales fall below 'aggressive' government targets to phase out petrol and diesel motors by 2030
3 months, 3 weeks ago

Ford's UK boss demands 'substantial' taxpayer subsidies for electric vehicles as sales fall below 'aggressive' government targets to phase out petrol and diesel motors by 2030

Daily Mail  

Ford's UK boss has demanded a return of subsidies for electric cars that were scrapped in 2022 - as new figures show manufacturers are not on target to hit the Government's 22 per cent sales goal for this year. Lisa Brankin, chair of Ford UK and Ireland, says the Government needs to introduce 'substantial' subsidies to drive sales of electric …

Electric vehicles made up a QUARTER of new car sales in November but still fall short of Government targets despite £4bn worth of discounting
Trending News
3 months, 3 weeks ago

Electric vehicles made up a QUARTER of new car sales in November but still fall short of Government targets despite £4bn worth of discounting

Daily Mail  

Electric vehicles accounted for more than a quarter of all new cars bought in the UK last month but demand is being propped up by 'unsustainable' manufacturer discounts, the trade body has warned. New car sales in the UK declined by 1.9 per cent in November, with 153,610 motors joining the road, latest figures from the Society of Manufacturers and …

UK car production falls for the eighth month after slow take up of electric vehicles and looming fines
4 months ago

UK car production falls for the eighth month after slow take up of electric vehicles and looming fines

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Car production in the UK …

The UK will consult on sales targets for automakers during the transition to electric vehicles
4 months ago

The UK will consult on sales targets for automakers during the transition to electric vehicles

Associated Press  

LONDON — Britain’s new Labour government will launch a consultation on auto manufacturers’ sales targets during the transition to electric vehicles, following the decision by Stellantis, the owner of Vauxhall, to close its van factory in southern England at the potential cost of 1,100 jobs. Reynolds confirmed plans to review the ZEV mandate as part of a consultation on the …

Used electric cars save owners over £1,000 a year compared with petrol models, study finds
4 months, 1 week ago

Used electric cars save owners over £1,000 a year compared with petrol models, study finds

The Independent  

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Car makers slash new EV prices by up to a THIRD in desperate bid to meet binding end-of-year sales targets
4 months, 2 weeks ago

Car makers slash new EV prices by up to a THIRD in desperate bid to meet binding end-of-year sales targets

Daily Mail  

Car makers are offering record discounts on new electric vehicles in a desperate bid to invigorate demand as binding end-of-year sales targets looming, data suggests. New data from Auto Trader suggests some car makers falling short of EV sales targets are slashing prices by amounts similar to fines they'll face it they don't meet the required quota The biggest discount …

Sales of used electric cars reach record high
Trending News
4 months, 3 weeks ago

Sales of used electric cars reach record high

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Giving consumers the confidence to switch from their familiar petrol or diesel vehicles requires confidence and incentives …

Sales of new cars slump as drivers shun electric and diesel vehicles
Trending News
4 months, 3 weeks ago

Sales of new cars slump as drivers shun electric and diesel vehicles

Daily Mail  

Sales of new cars fell by 6 per cent last month. Industry body the Society of Motor Manufacturers and Traders said 144,288 new cars were registered in October. Industry body, the Society of Motor Manufacturers and Traders said 144,288 new cars were registered in October. SMMT chief executive Mike Hawes said: ‘Massive manufacturer investment in model choice and market support …

New petrol car sales tumble while EVs rise as manufacturers push electric vehicles with targets looming
Trending News
4 months, 3 weeks ago

New petrol car sales tumble while EVs rise as manufacturers push electric vehicles with targets looming

Daily Mail  

New car sales fell by 6 per cent in October, marking only the second time registrations have gone into reverse this year. UK new car sales fell by six per cent in October, the second time the new car market has shrunk this year In October, businesses, fleet and private buyers registered 144,288 new passenger cars, the latest figures from …

How electric car sales have slumped around the world
5 months ago

How electric car sales have slumped around the world

Daily Mail  

Electric vehicles have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. Meanwhile, Chinese car manufacturer BYD – the world's largest seller of electric vehicles – saw global EV sales crash earlier this year. Electric vehicles run on energy from a charged battery much like a smartphone but come with hefty pricetags – …

Car makers plea to Chancellor for incentives to help slash EV prices as 'demand isn't moving quickly enough'
5 months, 2 weeks ago

Car makers plea to Chancellor for incentives to help slash EV prices as 'demand isn't moving quickly enough'

Daily Mail  

Bosses from 13 major manufacturers have written to the Chancellor pleading for a fresh wave of electric vehicle incentives to turbocharge floundering sales. Independent transport research organisation New Automotive tracks major car makers and their current sales performance in relation to meeting ZEV mandate targets. Stellantis - which is one of the world's largest car conglomerates - is predicted to …

Will new incentives smoothen the EV ride?
5 months, 3 weeks ago

Will new incentives smoothen the EV ride?

Live Mint  

The ₹10,900 crore PM E-DRIVE scheme, launched last month to accelerate electric vehicle adoption, comes as the auto sector faces new growth challenges. Read this | India changes gears to a new EV policy focus In the first half of 2024-25, the top 15 districts accounted for 21% of total four-wheeler registrations. Of these, 13 saw a decline in non-EV …

EVs see record sales BUT 'untenable' big discounts are propping up the market
5 months, 3 weeks ago

EVs see record sales BUT 'untenable' big discounts are propping up the market

Daily Mail  

New car edged up 1 per cent in September – the ‘74’ plate change month – latest industry figures show. Inching ahead: The new car market rose 1 per cent in September – the ‘74’ plate change month – the latest industry figures show September is usually a bumper month for new car registrations due to it being plate change …

Electric car demand slumps to four-year low
6 months ago

Electric car demand slumps to four-year low

The Telegraph  

Interest in electric cars has slumped to its lowest level for four years as an increasing number of drivers say they will stick with petrol-powered vehicles. Figures from the Department for Transport show that just 13pc of all drivers plan to buy a fully electric car as their next vehicle. The DfT’s Future of Transport programme regularly surveys the public …

New car market declines for first time in years
6 months, 3 weeks ago

New car market declines for first time in years

The Independent  

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EV sales EXCEED government targets for the first time - but it comes amidst claims manufacturers are rationing petrol car availability to avoid fines
6 months, 3 weeks ago

EV sales EXCEED government targets for the first time - but it comes amidst claims manufacturers are rationing petrol car availability to avoid fines

Daily Mail  

Petrol sales last month fell by 10% - the equivalent of 5,000 fewer deliveries Comes against accusations that car makers are limiting petrol deliveries to boost EV numbers and escape financial penalties Sales of electric cars have exceeded binding Government targets for the first time this year with 23 per cent of all new models entering the road in August …

Switch to electric cars may take ‘longer than anyone expects’
7 months, 2 weeks ago

Switch to electric cars may take ‘longer than anyone expects’

The Telegraph  

The switch to electric cars risks taking far longer than hoped as demand stalls in Europe and America, the boss of one of the world’s biggest parts suppliers has warned. Liam Butterworth, chief executive of GKN Automotive parent Dowlais, said the scrapping of electric vehicle tax breaks in countries such as Germany had triggered a sales slowdown that was reverberating …

How government EV sales targets are forcing car makers to use drastic tactics to inflate numbers
7 months, 3 weeks ago

How government EV sales targets are forcing car makers to use drastic tactics to inflate numbers

Daily Mail  

We take a deep dive into which brands are struggling to meet ZEV mandate requirements and why Car makers are having to resort to tactics 'not seen in the industry for 40 years' in a ploy to increase EV sales in order to meet binding targets to set out by the Government, an industry insider has exclusively told This is …

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year
8 months ago

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year

Daily Mail  

The end of electric vehicle car tax exemptions from next year could kill off demand for greener cars in Britain, a new report is warning. Auto Express said it will 'create further cost barriers' preventing the switch to battery cars In the Autumn Budget of 2022, former Chancellor Jeremy Hunt announced that electric cars will no longer be exempt from …

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.
8 months, 2 weeks ago

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.

Slate  

It’s tough to gauge how well the United States’ burgeoning electric vehicle industry is faring in 2024. EV ownership is increasingly politicized, in both directions—liberals horrified by Elon Musk’s far-right turn are fueling the Tesla sales slump, while right-wingers fearmonger over foreign EV companies and want to get electric cars off the road altogether. You can see this in the …

New car sales exceed 1m in 2024 at the halfway point - but private EV demand falls
8 months, 3 weeks ago

New car sales exceed 1m in 2024 at the halfway point - but private EV demand falls

Daily Mail  

The new car market has broken the million sales mark at the half year point for the first time in five years. June saw a 30 per cent increase in plug-in hybrid volumes – to reach a 9.3 per cent market share - and an almost equivalent growth in hybrid electric vehicle volumes of 27.2 per cent. HEVs now account …

Electric car sales sink again as industry calls for tax breaks
8 months, 3 weeks ago

Electric car sales sink again as industry calls for tax breaks

The Telegraph  

Household purchases of electric cars have gone further into reverse in the latest sign of trouble facing the market. The Society of Motor Manufacturers and Traders on Thursday called for incentives to “re-energise” sales, as figures showed just one in five new electric vehicles were bought by consumers in the first half of this year. Mike Hawes, the SMMT chief …

Car makers will miss Government target for electric vehicle sales this year, MPs told
10 months, 2 weeks ago

Car makers will miss Government target for electric vehicle sales this year, MPs told

Daily Mail  

Car manufacturers will miss a key Government target for electric vehicle sales for this year, MPs heard. At least 22 per cent of new cars and 10 per cent of new vans sold by major vehicle manufacturers in the UK in 2024 is required to be zero-emission – which in most cases means pure electric – under the Government's Zero …

Car makers slash EV sales forecast for 2024 as public demand plummets
10 months, 3 weeks ago

Car makers slash EV sales forecast for 2024 as public demand plummets

Daily Mail  

New car registrations in the UK grew for the 21st consecutive month in April, rising by 1 per cent, the latest figures from the Society of Motor Manufacturers and Traders show. While BEV growth helped new car registrations rise in April, new BEV sales forecasts for 2024 are below ZEV mandate requirements New car registrations continued to grow for the …

Ford warns net zero targets will push up petrol car prices
10 months, 3 weeks ago

Ford warns net zero targets will push up petrol car prices

The Telegraph  

A top executive at Ford has warned net zero targets could force the car giant to cut back sales of petrol cars in the UK, pushing up prices for drivers. Martin Sander, general manager of the company’s European electric car business, called on ministers to make sure the zero emissions vehicle mandate was “in line with consumer demand” amid new …

2024 sees record start to year for electric vehicle sales
10 months, 3 weeks ago

2024 sees record start to year for electric vehicle sales

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales of electric vehicles have got off to a record start this year, the latest …

Crisis or opportunity: traditional automakers in EV race
11 months ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

Crisis or opportunity: traditional automakers in EV race
11 months ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024
11 months, 1 week ago

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024

ABC  

In short: The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. By comparison, the IEA said the share of new car sales that were forecast to be electric in Europe and the US was 25 …

Electric cars sold at record discounts as demand plunges
11 months, 1 week ago

Electric cars sold at record discounts as demand plunges

The Telegraph  

It suggests dealers are being forced to slash prices to stimulate a significant number of sales, amid a slowdown in demand for electric vehicles globally. Under the so-called zero emissions vehicle mandate imposed by the Government, 22pc of vehicles sold by major car makers must be electric in 2024 – a proportion that will continue to rise until a complete …

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