Tuesday, June 25, 2024

 

Stellantis could axe UK production unless government takes action on EVs

Stellantis UK could halt UK production of cars unless the government does more to boost sales of EVs.

Speaking at the SMMT Summit in London Maria Grazia Davino was widely reported saying a decision on the future of its UK production would likely come in “less than a year”.

“In the UK there will be consequences for sure. Stellantis UK does not stop, but Stellantis production in the UK could stop,” Reuters reported Grazia Davino at the SMMT conference.

In the UK, the government ZEV Mandate rules have come in for sharp criticism.

While in Europe carmakers can meet CO2 Emissions by selling hybrids and EVs, in the UK OEMs have to meet a target of 22% this year of selling BEVs or face draconian files.

Vertu Motors CEO Robert Forrester said today that the ZEV Mandate rules could lead to “potential volatility” with the values of petrol and diesel cars rising due to possible supply restrictions.

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