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 ...
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