But one important point here is that plenty of lower-priced EVs are available in the UK, because the country does not ban the import of Chinese electric cars, nor does it even have a special tariff for EVs of Chinese origin, unlike both the US and the EU (though the EU might come to a deal with China soon).
The EU does allow Chinese-built EVs, but prices in Europe are higher due to tariffs. With no trade tariffs on Chinese EVs in the UK, they can cost upwards of ten thousand dollars/pounds less than they would across the channel.
And the presence of lower-cost alternatives can force non-Chinese brands to have to compete, rather than sitting on their laurels and gathering profits from expensive land yachts as the competition’s prices are inflated by tariffs. This is why the UK is getting Honda’s super cool Super-N, and the US isn’t. Or Volvo’s EX30, which was recently cancelled in the US, along with plenty of other models.
HM seems that the UK has unfettered capitalism in the automobile market. Interesting.