The SMMT highlighted the "unsustainable discounting" as manufacturers absorb costs to hit targets under the UK's zero-emission vehicle (ZEV) mandate, which fines manufacturers £15,000 per car if they fall below a 22% electric sales threshold in 2024.
Ian Plummer, commercial director of Auto Trader, noted the shift towards EVs, adding that "subdued petrol and diesel sales" reflect manufacturers' efforts to meet these requirements.
Richard Alvin, Managing Editor of Electric Vehicles magazine EV Powered, underscored the country's strong position in the EV market, projecting that one in five cars sold next year could be electric.
The sale of pure electric vehicles climbed to nearly 29,000 in October, up from 24,000 a year earlier, making zero-emission vehicles the only category to show growth.
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