Business Secretary Jonathan Reynolds signalled an overhaul after Vauxhall announced plans to close its van-making factory in Luton.
Stellantis, which also owns Citroen, Peugeot and Fiat, said it would combine production at its other plant in Ellesmere Port.
Labour’s Net Zero plans have been thrown into confusion as ministers voice ‘profound concerns’ about the impact of EV targets.
Business Secretary Jonathan Reynolds signalled an overhaul after Vauxhall announced plans to close its van-making factory in Luton.
Stellantis, which also owns Citroen, Peugeot and Fiat, said it would combine production at its other plant in Ellesmere Port.
Under the zero-emission vehicles (Zev) mandate, at least 22 per cent of new cars sold by each manufacturer in the UK this year must be zero-emission, with the threshold rising each year.
Under the current rules, the mandate will reach 80 per cent by 2030.
At present, car and van-makers will be slapped with fines of £15,000 per vehicle sold above the targets.
The Government has committed to bring the ban on the sale of new petrol and diesel cars and vans forward from 2035 to 2030, reversing a change introduced by Rishi Sunak’s government last year.
In his speech to the SMMT, Mr Reynolds said the Government was ‘absolutely committed’ to the 2030 target, but had ‘heard you loud and clear on the need for support to make this transition a success’.
Announcing a ‘fast-track’ consultation on changes to the Zev mandate, he said he was ‘profoundly concerned’ about how the policy was operating.
He said: ‘I’m going to be frank with you –
I don’t believe the policies that we have inherited, and I mean
specifically in relation to zero-emission vehicles, are operating today
in a way anyone intended them to.’...<<<Read More>>>...
