Last week, Rishi Sunak confirmed that he will reverse certain green targets. Amongst several policies that Sunak was willing to cut or delay, the phase out of petrol and diesel cars was put on the chopping block, with a confirmed five-year delay despite the [Conservative] government’s original target.
This move is not only unpopular with motorists, industry, and the wider public – it also raises economic concerns and threatens vital aspects of Britain’s industrial strategy moving forward.
Electric vehicles are undeniably cheaper to run, contribute to improved air quality due to their lack of tailpipe emissions, and are increasingly preferred by drivers over their combustion counterparts. Our data at New AutoMotive shows that the UK could achieve an 85% electric vehicle (EV) market share by 2028 and is making consistent progress toward the goal of 300,000 public charge points. The UK is also the fifth best prepared nation for the EV transition, thanks to sensible and fact-driven policies implemented by Sunak’s predecessors.
Reacting to the news, the UK motor industry has criticised plans to water down policies. Kate Brankin, the chair of Ford UK, noted that the industry has already made considerable investments to meet the 2030 deadline, with a $50 billion commitment from Ford alone.
We were clear in our response that delaying the 2030 deadline would pull the rug out from under motorists and industry, and would deal a hammer blow to the UK’s leadership on climate change.
Read more: Current+
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