UK Car Manufacturers Ration Petrol Vehicles to Meet Electric Mandates
Government policies require 22% of new cars sold to be electric, leading to supply constraints for petrol models.
- Manufacturers face fines for not meeting electric vehicle (EV) sales quotas.
- High prices and inadequate charging infrastructure deter consumers from buying EVs.
- Petrol car sales are restricted to artificially boost EV market share.
- Fleet operators struggle with rapid depreciation of EV values.
- Calls grow for government incentives to bridge the cost gap between EVs and petrol cars.