Hi all,
So - the Zero-Emission Vehicle mandate being introduced by UK gov in 2024 will force all dealers selling new cars in the UK to make EV's at least 22% of their total annual sales or face fines etc, rising to 50% by 2028 and 80% by 2030!
We see the end of legends like the Ford Fiesta and Focus this year and large brands like Volvo binning all ICE vehicle production well before our UK gov 100% EV's only deadline of 2030.
Many large brands have already ceased all investment and research on ICE engines;
Cadillac
Mercedes
Stelantis (chrysler, citroen, peugeot, fiat)
Jaguar
Volvo
Ford Europe
General motors
Audi
Does this mean the end of supercar sales in the UK from next year? after all if Mclaren are producing a limited 700 vehicle run (the 700LT) they are not going to specially design 170 (ish) EV versions are they!!
Shell have started replacing forecourts with large capacity EV charging stations..
So as demand for petrol/diesel drops the economics of sale dictate that petrol/diesel wil rise rapidly in price as demand drops and petrol stations try to pay their bills.
So lets discuss fellas, its an interesting and pressing subject....
So - the Zero-Emission Vehicle mandate being introduced by UK gov in 2024 will force all dealers selling new cars in the UK to make EV's at least 22% of their total annual sales or face fines etc, rising to 50% by 2028 and 80% by 2030!
We see the end of legends like the Ford Fiesta and Focus this year and large brands like Volvo binning all ICE vehicle production well before our UK gov 100% EV's only deadline of 2030.
Many large brands have already ceased all investment and research on ICE engines;
Cadillac
Mercedes
Stelantis (chrysler, citroen, peugeot, fiat)
Jaguar
Volvo
Ford Europe
General motors
Audi
Does this mean the end of supercar sales in the UK from next year? after all if Mclaren are producing a limited 700 vehicle run (the 700LT) they are not going to specially design 170 (ish) EV versions are they!!
Shell have started replacing forecourts with large capacity EV charging stations..
So as demand for petrol/diesel drops the economics of sale dictate that petrol/diesel wil rise rapidly in price as demand drops and petrol stations try to pay their bills.
So lets discuss fellas, its an interesting and pressing subject....