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Auto industry rings alarm bells over EV transition

SMMT: Car manufacturers face almost £6 billion bill to meet ZEV Mandate in first year

27 November 2024
Mike Hawes
Mike Hawes

 

The UK automotive industry has called for urgent government intervention to safeguard the sector and Britain’s zero-emission vehicle transition.

The call comes as new analysis by the Society of Motor Manufacturers and Traders (SMMT) reveals that weak demand for EVs and the need to fulfil ever-rising sales quotas will cost the industry some £6 billion in 2024, and even more next year – with the potential for devastating impacts on business viability and jobs.

The SMMT says the...

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