UK car production fell 8.4% in August, with electric vehicle output declining to 29.6%.
UK car production fell for the sixth consecutive month in August, with a total of 41,271 cars produced, an 8.4% decrease from last year. Electric vehicle output also declined, making up 29.6% of total production. Despite this downturn, industry leaders expect growth as new EV models are launched. The UK automotive sector received significant investment pledges in 2021, and future competitiveness may hinge on upcoming government proposals for green energy and infrastructure investment.
September 25, 2024
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