REA warns delaying fossil fuel car sales phase out could cost UK more than £100m

clock • 4 min read
Electric vehicles represent a $7tr global market opportunity by 2030 alone, according to BNEF | Credit: iStock
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Electric vehicles represent a $7tr global market opportunity by 2030 alone, according to BNEF | Credit: iStock

Survey of trade association members highlights major uncertainty in the UK electric vehicle value chain following the government's decision to push back phase out date for new petrol and diesel car sales to 2035

The government's decision to push back the phase date for sales of new diesel and petrol cars to 2035 could cost the UK auto industry more than £100m in lost investments, UK clean technology trade association...

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