Nissan to warn jobs at risk as UK EV targets push car industry to ‘crisis point’

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Carmakers fear goals unreachable as consumer demand softens

Nissan plans to warn ministers that the UK car industry has reached a “crisis point”, with jobs and competitiveness at risk unless the government relaxes electric vehicle rules, according to two people with direct knowledge of internal discussions. EVs made up 18 per cent of new car sales in the UK in the first 10 months of the year, below the 22 per cent required under a government quota scheme. Manufacturers can bridge the gap by buying credits from electric vehicle makers such as Tesla.

“We’ve also announced over £300mn in the Budget to support the transition, and a further £2bn to support the automotive manufacturing in the UK.” Nissan is one of the largest automotive employers in the UK with more than 6,000 workers at its Sunderland plant, which supports another 30,000 jobs across the supply chain and where the company has invested £6bn.

 

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

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines