UK car production fell to its lowest level in nearly 70 years in 2024, as the industry struggles with weak demand and transitions to electric vehicles, with further disruptions expected if tariffs are imposed by the U.S.
Car production in the United Kingdom reached its lowest level in nearly seven decades in 2024, excluding the impact of the COVID-19 pandemic. The decline comes as the industry grapples with weak demand and prepares to transition from fossil fuels to electric vehicles.
According to the Society of Motor Manufacturers and Traders (SMMT), the number of cars produced in the UK dropped to 780,000, marking the lowest output since 1954.
SMMT Chief Executive Mike Hawes noted that the downturn was partly due to factory shutdowns as manufacturers shifted to electric vehicle production. However, he also pointed out that the sector continues to struggle with global demand and slower-than-expected growth in electric vehicle sales.
In a competitive global market, the UK is facing challenges in maintaining its position as a major car manufacturer. British carmakers are bracing for further disruptions, particularly if President Donald Trump imposes tariffs on imports from the UK’s second-largest market.
Kazakhstan’s EV market surges 60% in a year, driven by duty-free imports and rising Chinese EV popularity. Almaty leads registrations with 7,309 vehicles.
As we approach 2025, the electric vehicle (EV) industry is poised for massive growth, driven by policy changes, technological breakthroughs, and market shifts. From China surpassing ICE vehicle sales to new charging tech, discover how global EV trends are transforming the future of mobility.
St. Helena, 1,930 kilometers off Namibia’s coast, now has the world’s most remote EV charging point. With just four electric cars, the island is working to expand its fleet and reduce fossil fuel reliance through sustainable energy.
Tesla has introduced an upgraded Model Y in China, featuring enhanced design and functionality, priced from 263,500 yuan ($35,900), as the company seeks to reclaim market share in the highly competitive EV market.
More than 1,000 people have been killed in Syria’s deadliest clashes since Bashar al-Assad’s ouster, according to war observer.
European nations have endorsed a $53 billion Arab-backed plan to rebuild Gaza without displacing its residents, rejecting a rival proposal from U.S. President Donald Trump.
Poland plans mandatory military training for men to build a 500,000-strong army amid security threats.
North Korea has revealed its first nuclear-powered submarine under construction, a move that could enhance its long-range strike capabilities.
Norway’s government has affirmed that it will continue to supply fuel for U.S. Navy vessels, dismissing recent calls from a private marine fuel supplier to halt deliveries amid tensions linked to U.S.-Ukrainian relations.
President Donald Trump is preparing a new travel ban that could block entry for people from Afghanistan and Pakistan as early as next week. The move is part of an intensified immigration crackdown.
EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Kaja Kallas, will chair the 20th EU-Central Asia Ministerial meeting hosted this year by Turkmenistan, in Ashgabat, on 4 March.
Heavy rainfall in northwestern Peru has caused a river to overflow, destroying infrastructure, flooding agricultural lands, and affecting at least 150 families in Tumbes province.
Canada has blocked imports from the largest U.S. pork processing facility operated by Smithfield Foods, the company said on Friday.
The UK has lifted asset freezes on 24 Syrian entities, underscoring its commitment to help Syrians rebuild their country and economy
TotalEnergies has started building Iraq’s largest solar power plant in Basra as part of a $27 billion energy deal. The 1,000MW project will boost renewable energy and reduce gas flaring.
The State Oil Fund of the Azerbaijan Republic (SOFAZ) will continue buying gold in 2025, aiming to increase its assets to 170 tonnes by April-May.
The National Bank of Kazakhstan has raised the key interest rate by 1.25 percentage points today, from 15.25% to 16.5%, according to the financial regulator.
More than 1,000 people have been killed in Syria’s deadliest clashes since Bashar al-Assad’s ouster, according to war observer.
European nations have endorsed a $53 billion Arab-backed plan to rebuild Gaza without displacing its residents, rejecting a rival proposal from U.S. President Donald Trump.
Poland plans mandatory military training for men to build a 500,000-strong army amid security threats.
North Korea has revealed its first nuclear-powered submarine under construction, a move that could enhance its long-range strike capabilities.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment