The UK new light commercial vehicle market posted its 17th consecutive month of growth in May. Registrations rose by 1.9% to reach 25,853 units, according to figures from the Society of Motor Manufacturers and Traders (SMMT). It said the result was the strongest performance for the month since 2021, which recorded the best May market in history when business investment ...
Read More »ZEV Mandate impacts UK new car market
By Guy Bird Back in late 2023, when the finer details of the UK Government’s Zero Emission Vehicle (ZEV) Mandate to reduce greenhouse gases from transport was confirmed, there was widespread concern at its extremely ambitious short- and long-term targets. To quickly recap, for passenger vehicles it stipulated from 2024 that 22% of new UK car sales from each brand ...
Read More »Number of EVs on UK roads will increase to 1.24m in 2024
The number of electric cars in the UK will increase by 24% to 1.24m by the end of this year, according to New AutoMotive’s State of the Switch report. This research suggests that if manufacturers are meeting the sales targets set out by the Zero Emissions Vehicle (ZEV) Mandate, the number of EVs could even rise to 1.3m. The mandate ...
Read More »ZEV Mandate targets “risk damaging” used car residual values
The Zero Emission Vehicle (ZEV) new car mandate “risks damaging” the used market as carmakers look to meet their zero emissions new car targets in 2024. That’s the view of Indicata UK which said new and nearly new EVs are being “aggressively” pushed into the market at the same time as consumer demand for used EVs remains limited. It ...
Read More »NFDA calls for government incentives for EV retail sales
The National Franchised Dealers Association (NFDA) has called on the government to offer incentives to private motorists to buy electric vehicles. It said that it was “concerning” that EVs accounted for 16.5% of new vehicles sold in the UK in 2023, with no improvement on the prior year. NFDA CEO Sue Robinson said: “It is concerning to see that electric ...
Read More »The impact of the ZEV Mandate on dealers – UPDATE
By Guy Bird Now the UK Government has confirmed the detail of its Zero Emission Vehicle (ZEV) Mandate for 2024, which come into force today, Motor Trader looks into the major implications for dealers The controversial rowing back of the UK ban on new car sales of petrol and diesel-engined vehicles from 2030 to 2035 by Rishi Sunak’s Government in ...
Read More »Dealers ‘concerned’ with government ZEV Mandate sales targets
The National Franchised Dealer Association (NFDA) expressed concerns on the government ZEV Mandate published yesterday. It said the decision to leave the numbers unchanged had caused concerns among franchised dealers given the government’s decision to roll back the deadline for sale of ICE cars to 2035. NFDA CEO Sue Robinson said: “The Government’s decision to keep the electric vehicle sales ...
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