Rising Electric Vehicle Sales in Response to Soaring Fuel Prices and Chinese Models Shaking the Market

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Electric vehicles (EVs) have seen a surge in sales, breaking records fueled by the impact of increasing fuel prices and the emergence of more affordable Chinese models. The top-selling new car in the latest period was the Jaecoo 7 from China, priced at £35,000, garnering attention for its affordability compared to British automotive options. In March, a total of 86,120 new EVs hit the roads in the UK, marking the highest number in a single month as reported by the Society of Motor Manufacturers and Traders (SMMT). Despite the remarkable growth in EV sales, electric cars only represented 22.6% of…