The UK automotive industry has called for urgent government intervention to safeguard the sector and Britain’s zero-emission vehicle transition.
The call comes as new analysis by the Society of Motor Manufacturers and Traders (SMMT) reveals that weak demand for EVs and the need to fulfil ever-rising sales quotas will cost the industry some £6 billion in 2024, and even more next year – with the potential for devastating impacts on business viability and jobs.
The SMMT says the...
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