Electric Vehicle Sales Show Growth, Yet Targets Remain Challenging
Monday, 5 August 2024, 13:51
Electric Vehicle Sales Performance
In July, fully electric cars comprised 18.5% of total sales.
Targets and Requirements
The Zero Emission Vehicle Mandate sets a requirement to increase this share to 22% in 2024.
Current Challenges
- Existing growth may not be sufficient to meet targets.
- Sector needs improved incentives and infrastructure.
- Policymakers must play a crucial role in this transition.
Conclusion
The rise in new car sales is promising, but the likelihood of achieving the set EV targets looks bleak.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.