UK auto lobby urges government to review 2030 zero emission vehicle mandate amid industry cost concerns
By
EVSHIFT
Summary
The UK auto industry body (SMMT) is pressing the government to review the 2030 zero emission vehicle (ZEV) mandate, citing significant costs incurred by automakers. SMMT CEO Mike Hawes highlighted that the mandate has already cost the industry over £10 billion through discounts and purchasing credits from EV manufacturers. In response, the UK government is reportedly arranging a meeting with automakers to discuss their concerns about the mandate's financial impact.
Source
bskyUK auto lobby urges government to review 2030 zero emission vehicle mandate amid industry cost concernsevshift.comKey quotes
· 2 pulledFollowing a call for a review of the U.K.'s zero emissions vehicle (ZEV) mandate by the nation's industry body, the U.K. government is reportedly arranging a meeting with automakers.
In a Society of Motor Manufacturers and Traders update published June 12, CEO Mike Hawes reflected auto industry concerns that it will face even more costs from discounts and buying credits from EV manufacturers with a mandate that has already cost the industry more than 10 bil
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