By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Which National Savings Plans have new profit rates?
    July 3, 2025
    They tried Made in the USA. It was too expensive for their customers
    July 3, 2025
    Check out the latest National Savings Scheme profit rates here.
    July 3, 2025
    How Anosh Ahmed is becoming well-known throughout the world through his thought leadership
    July 3, 2025
    Punjab increases leave allowance for ministers, speaker, dy speaker
    July 3, 2025
  • Politics
    PoliticsShow More
    Five Pakistani players reach Asian Junior Squash Championship semifinals
    July 3, 2025
    The US House approves Trump’s “One Big Beautiful Bill.”
    July 3, 2025
    Russia acknowledges the Afghan Taliban government.
    July 3, 2025
    Turkish Foreign Minister Hakan Fidan to visit Pakistan next week
    July 3, 2025
    The foreign minister claims that Iran is dedicated to the nuclear non-proliferation treaty.
    July 3, 2025
  • Technology
    TechnologyShow More
    Microsoft to cut about 4% of jobs amid hefty AI bets
    July 3, 2025
    Pakistani company fits war-affected Gazan girl with prosthetic arm
    July 3, 2025
    Nvidia set to become world’s most valuable company in history
    July 3, 2025
    How China’s new auto giants left GM, VW and Tesla in the dust
    July 3, 2025
    Satellite internet suffers as Pakistan’s Starlink registration expires
    July 3, 2025
  • Sports
    SportsShow More
    Pakistani stars set to clash as Cricket Australia unveils BBL 2025-26 schedule
    July 3, 2025
    Cricket Australia announces Big Bash League schedule
    July 3, 2025
    Australia’s Smith return confirmed for second Windies Test
    July 3, 2025
    Liverpool’s Portuguese forward Diogo Jota dies in car crash in Spain
    July 3, 2025
    Bhogle acknowledges Gill’s batting supremacy
    July 3, 2025
  • Matrimonial
  • Marketplace
  • Chat Room
  • EN
    • AR
    • EN
    • EO
    • FR
    • UR
Reading: General Election 2024: As discounts fail to entice electric purchasers, automakers look to the government as a “carrot.”
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Matrimonial
  • Marketplace
  • Chat Room
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Business > General Election 2024: As discounts fail to entice electric purchasers, automakers look to the government as a “carrot.”
BusinessElection

General Election 2024: As discounts fail to entice electric purchasers, automakers look to the government as a “carrot.”

Now that private sales of new pure battery models have reversed, there is a call for the next government to step up efforts to accelerate the shift to electric vehicles.

Last updated: 2024/06/05 at 3:40 PM
Published June 5, 2024
Share
2 Min Read
SHARE

The Society of Motor Manufacturers and Traders (SMMT) revealed data for May that showed a 2% decrease in new battery electric vehicles (BEVs) sold to consumers in the UK in comparison to 2023.
The CEO of the company stated that this was true even though they were making “very attractive offers” to entice purchasers.

Ministers should provide “carrots, not just sticks” to encourage better uptake in the future, according to Mike Hawes, who cautioned manufacturers that they could not continue to discount at this level permanently and called for a more equitable transition.

According to analysts, this resulted in low demand in the market for private buyers.

household budgets are strained by the expense of living, and there are worries about a dearth of reasonably priced cars and charging infrastructure.

Overall, sales were looking much better.

May saw 26,031 BEV registrations, a 6.2% increase over the same month last year thanks to significant fleet sales.

The hybrid was another well-liked option. The overall number of new model sales increased by 1.7%.

Regarding private consumers’ desire for BEVs, the SMMT stated: “This performance… is still behind the trajectory enforced on manufacturers by government in its Vehicle Emissions Trading Scheme, which expects 22% of new vehicles sold this year by each brand be zero emission.

You Might Also Like

Which National Savings Plans have new profit rates?

They tried Made in the USA. It was too expensive for their customers

Check out the latest National Savings Scheme profit rates here.

How Anosh Ahmed is becoming well-known throughout the world through his thought leadership

Punjab increases leave allowance for ministers, speaker, dy speaker

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
BanerClub June 5, 2024 June 5, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article Germany: Days after a police officer was fatally stabbed, a far-right politician was attacked with a knife in Mannheim.
Next Article $525,000 is a record price for an action figure of Boba Fett from Star Wars.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

The US has tougher visa and green card regulations.
Travel United States July 3, 2025
European climbers ascend and descend Nanga Parbat in a historic alpine ascent.
News July 3, 2025
Which National Savings Plans have new profit rates?
Business Pakistan July 3, 2025
Third interstellar object detected racing through solar system
Marketing July 3, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Quick Links

  • MY BOOKMARK
  • INTERESTSNew
  • CONTACT US
  • BLOG INDEX
Baner ClubBaner Club
Follow US
© 2022 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Captcha:
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
Welcome Back!

Sign in to your account

Register Lost your password?