UK New Car Registrations Jump 21% in September; Electric Vehicle Growth Slows Slightly
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New car registrations in the UK jumped 21% in September, marking 14 months of consecutive growth. Electric vehicle numbers rose 18.9%.
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The UK government recently delayed its ban on new petrol/diesel car sales from 2030 to 2035, upsetting automakers.
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Industry experts say government incentives are needed to sustain momentum toward EV adoption.
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EV market share dipped slightly in September to 16.6%, down from 16.9% last year, driven by lower demand from private buyers.
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Automakers invested heavily in green vehicles anticipating the original 2030 ban. Delay may cause supply to exceed demand for EVs.