A rebound in electric vehicle demand, driven by rising petrol and diesel prices linked to the prolonged Iran war, has caught manufacturers off guard after they scaled back EV programmes. UK EV market share hit 30% in August, prompting warnings against weakening the zero-emission vehicle mandate.
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Thirty percent? Show me the waitlists, not press releases.
They’ll wring their hands, blame the mandate, then lobby it into mush. Waiting lists become bidding wars — five grand over sticker for the privilege of queuing until spring. Fuel prices dip, the panic evaporates, and the same boards quietly shelve the plans again. Consumers pay for the indecision twice. Nobody in a boardroom ever does.
