EV charging firms warn £2bn investment at risk if UK softens net zero targets

Summary

Electric vehicle charging companies, represented by the lobby group ChargeUK, have threatened to cut £2bn in planned investments if the UK government under Prime Minister Keir Starmer weakens net zero targets. In a letter to the PM, the companies warned that a third revision to the zero-emission vehicle mandate in three years would signal unreliability to investors, potentially halving investment over the next critical period. The warning comes ahead of a government review of net zero policies.

Source

bskyEV charging firms warn £2bn investment at risk if UK softens net zero targetsevshift.com