Government's EV targets expected to be reduced this week
New petrol or diesel cars are due to be phased out by 2030 and by 2035 all new cars must be zero emission.
The government's expected reduction of electric vehicle targets this week has significant implications for the automotive industry and the country's efforts to reduce carbon emissions. The current targets, set to phase out new petrol or diesel cars by 2030 and require all new cars to be zero-emission by 2035, have been ambitious and have driven investment in the EV sector.
However, there have been concerns about the feasibility of meeting these targets, given the slower-than-expected adoption of EVs and the ongoing challenges in the supply chain. A reduction in targets may be seen as a pragmatic move to acknowledge these challenges, but it also risks undermining the momentum built up in the EV sector and the country's commitment to reducing emissions.
As the government announces its revised targets, it's essential to watch how the industry responds and whether it will impact investment in EV manufacturing and infrastructure. Additionally, the government's strategy for supporting the transition to EVs, including potential incentives or subsidies, will be crucial in determining the sector's future growth and the country's ability to meet its climate goals.
Originally reported by bbc.co.uk. MyNews adds analysis for general news readers.