The Car Industry Misjudges Consumer Demand for Electric Vehicles

Tumbling private demand for electric vehicles EVs has dominated media headlines throughout this year, fuelling car owners’ concerns over the high cost of making the transition. Car industry data, provided by the sector’s trade body the Society of Motor Manufacturers and Traders SMMT, showed sales to private buyers had fallen 7.7 per cent in April. This week’s SMMT data revealed a similar trend, with EV sales to the general public slipping another 2 per cent in May.

And whether private retail demand for EVs is in trouble is hotly debated within the industry. The boss of the UK’s third largest car dealer Vertu Motors, Robert Forrester, has said the government’s ZEV mandate risks putting manufacturers “underwater” due to a lack of consumer demand. But Ben Nelmes, chief executive of the NGO New AutoMotive, said falling private demand for electric vehicles is a “myth based on flawed data.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Car hire company gets green light to use vacant Telford car park as storagePlanning permission has been granted for a car hire company to use a vacant car park in a Telford industrial estate for storage.
स्रोत: ShropshireStar - 🏆 98. / 51 और पढो »

The Hydropower Industry Is Facing an Existential ThreatClimate change threatens the reliability of hydropower, a key renewable energy source, as droughts decrease water availability and disrupt electricity generation.
स्रोत: OilandEnergy - 🏆 34. / 68 और पढो »

UN and US Officials Ramp Up Attacks on Oil IndustryThe UN chief's impassioned speech condemning the oil industry was not the only one this week.
स्रोत: OilandEnergy - 🏆 34. / 68 और पढो »