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I’m not convinced it will make a jot of real difference to car manufacturers.
They almost all operate in a global market, and the UK is just one country specific market. Furthermore the UK was a relative outlier in having the most aggressive timeline, the majority are later or much later.
The vast majority of manufacturers will already have a portfolio of ICE and EV models going well beyond 2030 and so it just means there will be a slightly richer mix sold in the UK for longer.
As far as I am aware, manufacturers must still meet the fleet emissions targets, and tax incentives will continue unchanged so they’ll still shift plenty of EV metal (composite materials also available ).
EV-only brands like Tesla or Fisker will be most exposed, but even then I don’t believe it will have a meaningful impact on sales. Jaguar and Volvo may need to extend their plans to become EV only.
Last of all, despite the gasps of shock and horror in the media, pretty much everyone thought that a change in proposed legislation would happen before 2030, it just wasn’t clear when they’d play the card.
Anti-EV proponents always said the “ban”would never happen, realistic evangelists and the silent majority thought it would probably change. Industry analysts and manufacturers aren’t dim either.
I personally thought it would likely happen before the general election in 2024 or later in say 2027/8. I would have preferred 2028, but not surprised it’s pre election - I am surprised that it’s 2023 though!
It was interesting to see that Labour (not being political) immediately stated that they’d go back to the original plan if they were voted in. Saying the opposite is par for the course but a brave play nonetheless.
They almost all operate in a global market, and the UK is just one country specific market. Furthermore the UK was a relative outlier in having the most aggressive timeline, the majority are later or much later.
The vast majority of manufacturers will already have a portfolio of ICE and EV models going well beyond 2030 and so it just means there will be a slightly richer mix sold in the UK for longer.
As far as I am aware, manufacturers must still meet the fleet emissions targets, and tax incentives will continue unchanged so they’ll still shift plenty of EV metal (composite materials also available ).
EV-only brands like Tesla or Fisker will be most exposed, but even then I don’t believe it will have a meaningful impact on sales. Jaguar and Volvo may need to extend their plans to become EV only.
Last of all, despite the gasps of shock and horror in the media, pretty much everyone thought that a change in proposed legislation would happen before 2030, it just wasn’t clear when they’d play the card.
Anti-EV proponents always said the “ban”would never happen, realistic evangelists and the silent majority thought it would probably change. Industry analysts and manufacturers aren’t dim either.
I personally thought it would likely happen before the general election in 2024 or later in say 2027/8. I would have preferred 2028, but not surprised it’s pre election - I am surprised that it’s 2023 though!
It was interesting to see that Labour (not being political) immediately stated that they’d go back to the original plan if they were voted in. Saying the opposite is par for the course but a brave play nonetheless.