Hyperdrive
UK Welfare Cuts Pose Unexpected Risk to Carmakers’ EV Ambitions
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Plans to cut UK welfare spending by billions of pounds could have an unexpected consequence: undermining the country’s push to increase sales of zero-emission vehicles.
A review of the benefits system announced in recent days could hit a car-financing program called Motability, which provides vehicles to disabled customers on mobility benefits. Motability accounted for almost one in five new car sales in the UK last year and is one of the country’s biggest buyers of electric vehicles.