Electric vehicles are still too expensive, and auto makers need to cut prices if they want to energize the market, the British Vehicle Rental and Leasing Assn. says. The organization’s comments come after new figures from the Society of Motor Manufacturers and Traders show only 812 buyers have taken up the government’s £5,000 ($7,977) plug-in-car grant so far this year. “More than a dozen new electric and hybrid vehicles are set to hit the U.K. market over the next year, but most of ...
Premium Content (PAID Subscription Required)
"Critics Say EV Prices in U.K. Too High" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.