Major automotive manufacturers, including Fiat, Hyundai, and Volvo, are introducing their own electric vehicle discounts in the UK market.

UK new car registrations declined by 5.0% in July, marking the weakest performance for the month since 2022 and demonstrating market volatility.

The UK government has launched a new £650 million Electric Car Grant, automatically reducing the purchase price of eligible electric vehicles to accelerate EV adoption.