Tag: Zero Emissions Vehicle Mandate

Germany suffered a "spectacular" 70% drop in electric car sales last month as the European Union faces growing calls to delay its unachievable carbon reduction targets.

Electric vehicles are losing value at an "unsustainable" rate as a slowdown in consumer demand causes used car prices to halve in two years, leasing companies have warned.

Car makers are rationing sales of petrol vehicles in Britain to avoid hefty Net Zero fines, according to one of the biggest dealership chains. "The new car market is no longer a market. It’s a state-imposed supply chain."

The Net Zero crackdown on combustion engines could force the maker of Vauxhall to scale back its presence in Britain, its boss has warned, calling the petrol car sales restrictions "terrible for the U.K."

The Business Secretary has warned her Cabinet colleagues that the zero emissions vehicle mandate, which comes into force in January, will lead to job losses in the automotive industry.