Global EV Market Splits Wide Open: Europe Surges, Policy Makers Flinch, and BYD Undercuts Everyone

The UK government launched a consultation to potentially cut its 2030 EV sales target from 80% to as low as 50% — the same week Prime Minister Andy Burnham surveyed wildfire damage in the West Midlands caused by climate change. The consultation explores four options, including keeping the target at 80%, or cutting it to 70%, 60%, or 50%. Green campaigners warn this could add millions of tonnes of CO2 to annual...