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20 Sep

UK auto industry warns of confidence risks amid net-zero target changes

The UK automotive industry warned on Wednesday that the relaxation of the 2030 ban on new petrol and diesel cars and vans sales may slow EV purchases undermining both investment certainty and electrification momentum.   Reacting to the policy shift confirmed by Prime Minister Rishi Sunak, the Society of Motor Manufacturers and Traders (SMMT) “consumers must want to make the switch, which requires from government a clear, consistent message, attractive i…
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