- Used electric vehicle sales in the UK reached a record high, with 80,614 pure battery electric cars sold between July and September, marking a 4.0 per cent market share.
- This surge contributed to an overall 2.8 per cent year-on-year rise in the used car market, which recorded over 2 million transactions in the third quarter.
- Mike Hawes, SMMT chief executive, warned that proposed government policy changes to Employee Car Ownership Schemes could jeopardise the transition to electric motoring.
- Hawes stated that scrapping these schemes would stifle the supply of the latest vehicles into the used market and negatively impact economic growth and decarbonisation.
- Chancellor Rachel Reeves is reportedly considering a new 3p per mile charge for electric car drivers, set to commence in 2028, potentially affecting up to six million people.
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