UK auto industry’s trade body, SMMT, is in the news as EV sales soar, chip shortages hit, and China’s EV push reshapes the market.
Electric vehicle sales across Europe have increased sharply in April, driven by rising fuel prices and geopolitical tensions. Data shows record EV registrations in several countries, with prices in the UK falling below petrol cars for the first time. The shift is accelerating as consumers seek cheaper, cleaner alternatives amid ongoing conflicts and energy concerns.