Reported about 7 hours ago
The UK government will engage in consultations regarding sales targets for automakers during their transition to electric vehicles, especially after Stellantis announced the closure of its Luton van factory, potentially affecting 1,100 jobs. Business Secretary Jonathan Reynolds emphasized that challenges in meeting stringent zero-emission vehicle (ZEV) mandates are not isolated and acknowledged the need to review the targets, originally set by the previous administration. As global demand for electric vehicles remains lower than expected and with rising costs, the government plans to collaborate with the automotive industry to address these issues while aiming for a phase-out of petrol and diesel vehicles by 2030.
Source: YAHOO