Category: Automotive industry

Cheaper loans on table to urge UK motorists to EVs, plus cuts in fines for firms

Business secretary Jonathan Reynolds says there is ‘no route to net zero’ that ignores concerns of businesses after wave of closures• Jonathan Reynolds: If we delay the UK’s drive for electric vehicles,...

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Big UK businesses tell Labour ‘don’t waver’ on EV targets as pressure grows

Carmakers want ministers to ease mandate to make more electric vehicles, which would mean energy firms losing outMajor UK businesses including Ovo, SSE and BT Openreach are urging the government to stick to current electric car...

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EU set to suspend Brexit tariffs on EVs for three years in major boost for car industry

Commission moves to delay 10% sales charge after intense lobbying by EU and UK carmakersThe European Commission looks set to propose a three-year delay to a 10% tariff on sales of electric vehicles between the EU and the UK, in...

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Delay EU tariffs to help sales of electric cars, says UK car industry

Brexit trade deal gave UK and EU carmakers until 1 January 2024 to source batteries from within Europe or face 10% tariffsThe UK car industry has said incoming tariffs between the UK and the EU could raise the price of imported...

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We can’t alter Brexit deal to appease car industry, says European commissioner

Thierry Breton stands firm amid opposition to incoming tariffs on electric vehicle exports between EU and UKThe Brexit trade deal should not be reopened just to satisfy demands from some sectors of the UK and EU motor industry...

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UK carmakers will have to meet electric car sales targets despite Sunak U-turn

Firms call for support as government presses ahead with plan to impose minimum sales quotas in 2024Carmakers in the UK will still be mandated to sell electric vehicles from 1 January or face fines, despite Rishi Sunak’s...

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Rishi Sunak defies critics and presses on with net zero U-turn

Prime minister ignores advice of official body and says UK still on track to meet 2050 targetUK politics live – latest updatesRishi Sunak has vowed to press ahead with watering down key green measures despite intense...

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UK carmakers could face big fines if less than 22% of new vehicles sold aren’t electric

Firms call for support as government warns they could fined for every combustion engine sold in 2024Carmakers in the UK will be mandated to sell electric vehicles from 1 January or face a fine for every combustion engine sold,...

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