Society of Motor Manufacturers and Traders – Latest stories from Nourish

a { color: #880000 !important; background: #ffeeee !important; } Latest News from NourishThe Nourish Mission (formerly OneSub)Get answers to today's big questionsWhy is Society of Motor Manufacturers and Traders in the news at the moment?

UK auto industry hits 4 million car sales in H1 2025, SMMT reports amid EV surge and global chip shortages.

Stories involving Society of Motor Manufacturers and Traders

Chinese EVs Expand Globally Amid Market Shifts

Chinese electric vehicle manufacturers are increasing their international investments and exports, with companies like BYD and Xpeng opening new facilities and targeting Europe, Asia-Pacific, and the Americas. Domestic sales slow, but exports surge, supported by government policies and regional cooperation.

Auto Industry Faces Chip Shortage Crisis

A global semiconductor shortage, worsened by geopolitical tensions and export bans, threatens vehicle production across Europe and Japan. Major automakers warn of imminent factory shutdowns as supply chains are disrupted, with key chips from China and the Netherlands affected.

UK Boosts EV Grants Amid Tax Plans

As of December 2025, the UK government is expanding its Electric Car Grant by £1.3bn and adding £200m for charging infrastructure to support EV adoption. This comes amid stalled EV demand due to high upfront costs and plans for a new pay-per-mile tax on EVs from 2028, sparking industry concerns about potential market slowdown.