EV Discounts Could Soon Dry Up in the UK

A big industry group just raised a red flag, saying these latest massive price cuts on electric cars can't last forever. Based on fresh 2025 sales data, it's clear the push for greener rides is hitting some bumps.

In the UK, new car registrations hit over two million last year, the best since before Covid struck. Out of those, about 473,000 were electric vehicles, making up roughly 23 percent of the total. That's up from 2024, but still short of the government's goal. The Society of Motor Manufacturers and Traders, or SMMT, pointed out that carmakers shelled out more than five billion pounds in discounts to boost those numbers. We're talking an average of 11,000 pounds off each EV.

Mike Hawes, the SMMT's boss, called it unsustainable, especially with energy prices climbing and raw materials getting pricier.

These discounts have made EVs more tempting for buyers wary of high upfront costs. But if they vanish, prices could jump, slowing the switch from high-consumption vehicle. The government's Zero Emission Vehicle Mandate sets tough targets like 28 percent EVs for 2025, ramping up to 33 percent next year.

Rushing the green shift is great for the planet, but ignoring what people can afford might backfire. So, without changes, we could see fewer deals and slower EV growth. Keep an eye on what the Transport Minister does next, he praised the sales bump, but pressure's building.

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