Part 5/8:
The UK government's zero-emissions mandate plays a crucial role in shaping the automotive market landscape. Under this mandate, car manufacturers must achieve a target of 28% EV sales this year. However, analysis indicates that compliance can be achieved at a lower threshold of approximately 23%, aided by policies that allow manufacturers to offset targets with cleaner hybrid models.
While some automotive manufacturers express concerns about the feasibility of meeting these sales targets, evidence suggests that the market is already exceeding necessary compliance levels. The growing market share of electric and hybrid vehicles represents a positive step towards addressing climate change while increasing consumer options.