Ford UK Boss Warns of Car Industry Crisis Due to Low Demand for Electric Vehicles

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 77 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 90%

Business News

Ford UK,Electric Vehicles,Car Industry Crisis

Lisa Brankin, chairman and managing director of Ford UK, warned of a crisis in Britain's car industry due to insufficient demand for electric vehicles (EVs). She called for government incentives, such as tax breaks, to boost EV adoption.

Britain’s car industry is in crisis due to a lack of demand for electric cars, the boss of Ford’s UK arm has warned.

But she added: ‘As an industry we have repeatedly said that we support the Government's trajectory and we support the ambition that the Government has set out, it's just that there isn't customer demand.’ Read More Locals' shock over closure of Luton Vauxhall factory after 120 years as worker finds out on WhatsApp ‘So while he flies around making unilateral commitments, back home the real world effects are businesses closing in Bedfordshire and Basildon.

'I would also remind her that she was the business secretary that introduced them. We're getting on with supporting those communities, she's shouting from the sidelines.’ ‘We are committed to the 2030 target for phasing out the purchase of new petrol and diesel cars, but it is really important within that to make sure that we get the balance right and have proper support for the automotive sector, for the car industry in Britain,' Reeves told broadcasters.

The mandate as it stands sets out a target to reach 80 per cent by 2030, but the Government has committed to bringing the ban on the sale of new petrol and diesel cars and vans forward from 2035 to 2030, reversing a change introduced by Rishi Sunak's government last year. Given there are almost no hydrogen fuel cell vehicles sold in Britain today, this primarily means an increase in battery electric car sales.

The 2030 ban will mean firms cannot sell pure fossil fuel cars, but they will be able to continue selling hybrids until 2035.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford UK CEO Urges Government Incentives for Electric Car Sales Amid Industry CrisisLisa Brankin, Ford UK's chairman and managing director, warns of a car industry crisis due to weak demand for electric vehicles. She calls for government incentives to boost EV sales and supports the government's phase-out targets for petrol and diesel cars. The announcement comes as Vauxhall's plant closure raises concerns over job losses.
Source: DailyMailUK - 🏆 7. / 90 Read more »