Electric car sales soar, but chip shortage hits market

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Electric cars sales surged last year, but the SMMT warns that charging infrastructure needs investment.

particularly in southeast Asia, caused factory closures that restricted supplies.

In December, they accounted for one in every four cars sold, while the second-best selling car in the country during the year was Tesla's electric Model 3. In December, the maximum value of the grant, which is meant to bring down the cost of an electric car, was reduced from £2,500 to £1,500, and the number of eligible models was also narrowed down."It's a massive ambition to get the entire market to move to meet net zero by 2030/2035. We would argue you need to use every lever at your disposal.""Anything that brings into doubt that commitment doesn't help a consumer who might be wavering.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines