Stellantis CEO: "Terrible" ZEV mandate will "kill" UK car industry

Stellantis boss Carlos Tavares has branded the ZEV mandate a "terrible thing for the UK" and warned that it could "kill" the domestic automotive industry. Under the current terms of the ZEV mandate, car makers must achieve at least a 22% sales mix of pure-electric models in the UK this year or risk heavy penalties. That proportion rises in increments to 80% in 2030, on the way to combustion car sales being stopped in 2035.

Highlighting the significant supply chain and employment implications this has for the UK, Tavares questioned why his company is subject to the same terms as manufacturers who build elsewhere. "The mandate is treating me the same as anybody that brings from somewhere else.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming monthsJeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as Stellantis faces increased capital spending to make the transition from gasoline vehicles to electric autos.
Source: AP - 🏆 728. / 51 Read more »