REA warns delaying fossil fuel car sales phase out could cost UK more than £100m

clock • 4 min read
Electric vehicles represent a $7tr global market opportunity by 2030 alone, according to BNEF | Credit: iStock
Image:

Electric vehicles represent a $7tr global market opportunity by 2030 alone, according to BNEF | Credit: iStock

Survey of trade association members highlights major uncertainty in the UK electric vehicle value chain following the government's decision to push back phase out date for new petrol and diesel car sales to 2035

The government's decision to push back the phase date for sales of new diesel and petrol cars to 2035 could cost the UK auto industry more than £100m in lost investments, UK clean technology trade association...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

BMW sets new 2035 target to slash emissions by at least 60 million tonnes

BMW sets new 2035 target to slash emissions by at least 60 million tonnes

New target represents an addition 20 million tonnes of CO2 emissions savings on top of previous 2030 goal

clock 05 December 2025 • 2 min read
EVs secure over a quarter of November's new car market

EVs secure over a quarter of November's new car market

EV market share of more than 26 per cent represents second strongest monthly performance of the year

James Murray
clock 04 December 2025 • 4 min read
'Double standards': Media accused of routinely mispresenting pace of EV roll out

'Double standards': Media accused of routinely mispresenting pace of EV roll out

More than 40 UK national media articles have incorrectly reported companies are missing their Zero Emission Vehicle Mandate targets, according to ECIU

Stuart Stone
clock 03 December 2025 • 5 min read