Bussiness
Motorists face a lack of affordable electrics cars, says Auto Trader – London Business News | Londonlovesbusiness.com
According to Auto Trader motorists are facing a lack of affordable electric cars as only 10,000 of the used cars on their online marketplace has a price tag of under £10,000.
The study found that 350,000 used petrol or diesel cars which are in the same price category.
This is thought to be due to manufacturers to meet the zero emissions vehicle (ZEV) which is the government’s mandate.
Auto Trader commercial director Ian Plummer said, “We need to make more progress on affordability to encourage retail demand, especially as exemptions from both vehicle excise duty and the expensive car supplement end for EVs next year.
“As we head towards a General Election, financial help from the Government in the used electric market is vitally needed to ensure a fair and equitable transition.”
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