Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’
UK car manufacturers are delaying investment decisions while waiting for the government to relax strict electric vehicle sales mandates. Industry leaders argue that current targets are difficult to meet amid global competition and rising costs.
Why it matters
The tension between environmental policy and industrial competitiveness is forcing a potential policy shift in the UK automotive sector.
Minis on the production line at BMW’s factory in Oxford. The company has postponed plans to build electric versions at the site. Minis on the production line at BMW’s factory in Oxford. The company has postponed plans to build electric versions at the site. Automotive industry Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’ Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be eased
Prefer the Guardian on Google Carmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according to the head of the British car industry’s lobby group.
The chief executive of the Society of Motor Manufacturers and Traders (SMMT), Mike Hawes, said those with existing UK operations were considering building new models, but had held back so far.
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