Analysis-UK's fossil fuel car ban delay may only stall investment

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Analysis-UK's fossil fuel car ban delay may only stall investment
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By Nick Carey and Alistair Smout LONDON (Reuters) - Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the ...

By Nick Carey and Alistair Smout LONDON - Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles , evenGourmet Chicken Tenders: Recipe in Description | SaltWire #QuickRecipes #FoodShorts #CookingShortsLONDON - Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles , even though the news drew anger from automakers worried about...

Industry analysts, however, said Sunak above all had undermined investment certainty when British companies are fighting to attract investors to a relatively small market cut loose from the European Union following Brexit. Under the new mandate that the government could make public as early as this week, the 80% 2030 electric target should remain - with the other 20% a mixture of fossil fuel models and hybrids until 2035.

Global carmakers have already bet big on electric - partly because it is too expensive to make combustion engine cars while also investing heavily in EVs.

 

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