Sunak delivering a speech on the net zero target during a press conference at the Downing Street Briefing Room in London on Wednesday. – AFPpicCarmakers, which have invested billions on electric vehicles, slammed Britain’s move to delay a 2030 ban on the sale of new petrol and diesel cars, saying it would disrupt supply chains and slow the transition to greener cars.
Korean carmaker Kia, which has plans to launch nine electric vehicle models in Britain over the next few years, said it was disappointing to see a change in a policy the industry was working and investing towards. “We urgently need a clear and reliable regulatory framework which creates market certainty and consumer confidence, including binding targets for infrastructure rollout and incentives to ensure the direction of travel,” a Volkswagen UK spokesperson said.
Sunak presented the policy shift as aligning Britain with the European Union’s similar 2035 ban on new petrol car sales but an EY analyst said the two markets were “not like-for-like”.
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